The set of standards, assumptions, and concepts that form the "ground rules" for financial reporting in the United States is termed:
A. The conceptual framework.
B. Generally accepted accounting principles.
C. Statements of Financial Accounting Concepts.
D. American standards for certified public accountants.
B
Business
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Which of the following is not a service company that would rate the financial condition of insurance companies?
A) A.M. Best B) Kelly's Blue Book C) Moody's Investor Services D) Standard and Poor's Corporation
Business
English, Yankee, Dutch, and free-fall are the four major types of forward auctions
Indicate whether the statement is true or false
Business