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Test Bank for Survey of Accounting, 7th Edition
Test Bank for Survey of Accounting, 
7th Edition 
ISBN10: 1264442971 | ISBN13: 
9781264442973 
By Christopher Edmonds and Philip 
Olds 2024 
 
Chap 01 7e Edmonds 
1) Which of the following groups has the primary responsibility for establishing generally 
accepted accounting principles for business entities in the United States? 
A) Securities and Exchange Commission 
B) U.S. Congress 
C) International Accounting Standards Board 
D) Financial Accounting Standards Board 
2) The Heritage Compan...
- Exam (elaborations)
- • 738 pages •
Test Bank for Survey of Accounting, 
7th Edition 
ISBN10: 1264442971 | ISBN13: 
9781264442973 
By Christopher Edmonds and Philip 
Olds 2024 
 
Chap 01 7e Edmonds 
1) Which of the following groups has the primary responsibility for establishing generally 
accepted accounting principles for business entities in the United States? 
A) Securities and Exchange Commission 
B) U.S. Congress 
C) International Accounting Standards Board 
D) Financial Accounting Standards Board 
2) The Heritage Compan...