The conceptual framework developed by the Financial Accounting Standards Board __________. - 3224

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The conceptual framework developed by the Financial Accounting Standards Board __________.

A. are rules that all accountants must follow

B. was approved by a vote of all accountants

C. is legally binding on all accountants

D. is viewed as providing a constitution for setting accounting standards for financial reporting

Solution Description

The conceptual framework developed by the Financial Accounting Standards Board __________.