11Which of the following organizations has not been instrumental in the development of financial accounting standards in the United States? A) AICPA B) FASB C) IASB D) SEC 12. According to the FASB Conceptual Framework, the elements-assets, liabilities, and equity-describe amounts of resources and claims to resources at/during a Moment in Time A) B) Yes Yes No No Period of Time No Yes Yes No 13, Which of the following is an example of managing earnings down