INTERVIEW QUESTIONS COMMON PROFICIENCY TEST (CPT) FUNDAMENTALS OF ACCOUNTING DETAILS

Question: ________ of American Institute of Certified Public Accountants enumerated the functions of Accounting:
a) Accounting Principles Board
b) Accounting Standards Board
c) Accounting Concepts Board
d) None of these

Answer: (a) Description: In 1970, the Accounting Principles Board (APB) of American Institute of Certified Public Accountants (AICPA) enumerated the functions of accounting.

(a) Description: In 1970, the Accounting Principles Board (APB) of American Institute of Certified Public Accountants (AICPA) enumerated the functions of accounting. Source: CoolInterview.com

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