The role of the Securities and Exchange Commission in the formulation of accounting principles can be best described as
a. consistently primary.
b. consistently secondary.
c. sometimes primary and sometimes secondary.
d. non-existent.
Answer: C
The role of the Securities and Exchange Commission in the formulation of accounting principles can be best described as
a. consistently primary.
b. consistently secondary.
c. sometimes primary and sometimes secondary.
d. non-existent.
Answer: C