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The primary accounting standard-setting body in the United States is the
The primary accounting standard-setting body in the United States is the Financial Accounting Standards Board (FASB).
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Asked 4/22/2014 1:16:58 AM
Updated 10/6/2014 4:01:28 PM
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The primary accounting standard-setting body in the United States is the Financial Accounting Standards Board (FASB).

Added 10/6/2014 4:01:28 PM
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what is meant by the direct write-off method
Weegy: Revenues produced through sales made on credit can be recorded under accrual basis accounting so long as three conditions are met. First, the source transaction that produced the revenue must be complete. [ Second, the revenue?s numerical value must be calculable. Third, there must be no doubt that the sum can be collected. Such revenues are recorded as accounts receivable on the balance sheet and are deducted as bad debt expense on the income statement should their values become uncollectible. ] (More)
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what is the primary accounting standard setting body in the United States
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