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Which one of the following is wrong? O A. The expectations gap is caused by what the public thinks accountants should be doing and what

Which one of the following is wrong? O A. The expectations gap is caused by what the public thinks accountants should be doing and what accountants think they can do. O B. The two major standard-setting organizations in the world are the International Accounting Standards Board (IASB) and Financial Accounting Standard Board (FASB). O C. Financial statements are the principal means through which financial information is communicated to those outside an enterprise O D. Significant financial reporting issues facing global financial reporting and efficient capital allocation include how to provide backward-looking information.

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