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Which term best describes heritage role in society

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Reference no: EM132819144

Problem 1: Which of the following groups has the primary responsibility for establishing generally accepted accounting principles for business entitles in the United States?

A. Securities and Exchange Commission

B. U.S. Congress

C. International Accounting Standards Board

D. Financial Accounting Standards Board

Problem 2: The Heritage Company is a manufacturer of office furniture. Which term best describes Heritage's role in society?

A. Conversion agent

B. Regulatory agency

C. Consumer

D. Resource owner

Reference no: EM132819144

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