5. The International Accounting Standards Board: A. provides accounting rules for many developing and developed countries around the world, except for the United States. B. produces accounting guidance that is often the same, but not always the same, as that produced by the Financial Accounting Standards Board. C. has no responsibility for producing auditing standards. D. All the above are true. E. None of the above is true. 6. The Financial Accounting Standards Board: A. is a U.S. governmental agency that produces accounting principles in the United States. B. is a private-sector entity responsible for the preparation and continued revision of the Accounting Standards Codification. C. does not provide accounting principles for privately held U.S. companies. D. All the above are true. E. None of the above is true. 7. Corporate pension plans in the United States: A. have reversed a trend and are now increasingly more likely to be defined- benefit plans rather than defined-contribution plans. B. will get complete protection for pension beneficiaries/employees from the Securities and Exchange Commission, if an employer company goes out of business and still owes retirement benefits to its employees. C. are governed in part by the requirements of the Employee Retirement Income Security Act of 1974. D. All the above are true. E. None of the above is true. 8. A Form 10-K: A. must usually be submitted to the Securities and Exchange Commission every year. B. includes audited financial statements and other significant financial data. C. is a comprehensive annual report of an issuer's operations and financial condition. D. All the above are true. E. None of the above is true