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18. The agency of the United State Government that oversees the U.S.
financial markets is the
19. What organization issues U.S. accounting standards?
20. Two of the major characteristics that make accounting information
useful are
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ACC 561 Week 2 Assignment Accounting Methods (Bizcon,
New Syllabus)
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Purpose of Assignment
This week's activity illustrates the role a company's accounting method
plays in financial statement reporting. In this assignment, students
evaluate the events occuring in a business setting and determine how to
properly analyze those events to identify the impact on both cash and
accrual accounting methods.
Assignment Steps
Resources: Generally Accepted Accounting Principles (GAAP), U.S.
Securities and Exchange Commission (SEC)
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