Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 30, 2024

Which statement is false? IASB has accounting standard - setting responsibilities for IASC. The International Federation of Accountants is a subsidiary of IASC OECD is

Which statement is false? IASB has accounting standard

-

setting responsibilities for IASC. The International Federation of Accountants is a subsidiary of IASC OECD is not part of the United Nations

.

Luca Pacioli developed the double entry accounting system

.

All are true

.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Accounting And Finance For Non Specialists

Authors: Peter Atrill, Eddie Mclaney

4th Edition

0273679627, 9780273679622

More Books

Students also viewed these Accounting questions

Question

A note to your sports team informing them that, due to your sponsors backing out and a lack of financial resources, they will not be able to participate in the soccer league tournament next month

Answered: 1 week ago

Question

★★★★★

During Year 1 (the first year of the companys existence), employees of the company earned vacation days as follows: (1) Make the journal entry necessary at the end of Year 1 to record the unused...

Answered: 1 week ago

Question

★★★★★

Project Gutenberg is an example of what type of directory?

Answered: 1 week ago

Question

★★★★★

Metropolis Books sold 51,000 copies of a best-selling novel in July for $12 each, Included in each book was a $4 mail-in rebate for a future book purchase if the customer sends in proof of purchase...

Answered: 1 week ago

Question

★★★★★

Matthew owns a vacant lot worth about $50,000. The lot is located next to a city public park. The city wants to expand the park and intends to condemn Matthew's lot. Can Matthew stop the city from...

Answered: 1 week ago

Question

★★★★★

5 3 points eBook Print You have just been hired by FAB Corporation, the manufacturer of a revolutionary new garage door opening device. The president has asked that you review the company's costing...

Answered: 1 week ago

Question

★★★★★

Jing Company was started on January 1, Year 1 when it issued common stock for $50,000 cash. Also, on January 1. Year 1 the company purchased office equipment that cost $34,000 cash. The equipment was...

Answered: 1 week ago

Question

★★★★★

If you're in Idaho, you should know that a citizen is forbidden to give another citizen a box of candy that weighs more than fifty pounds. In New York, it's illegal to shoot at a rabbit from a moving...

Answered: 1 week ago

Question

★★★★★

31. Compute liquidity ratios and compare results. E2.8 (LO 2), AP Nordstrom, Inc. operates department stores in numerous states. Selected financial statement data (in millions of dollars) for a rece...

Answered: 1 week ago

Previous Question Next Question