CFA Practice Question

There are 86 practice questions for this study session.

CFA Practice Question

Financial reporting standards are most likely enforced by ______.
A. only regulatory authorities, such as the SEC and IOSC
B. only standard-setting bodies, such as the FASB and IASB
C. both standard-setting bodies and regulatory bodies
Explanation: Generally, standard-setting bodies make the rules and regulatory authorities enforce the rules.

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nmech1984 enforced.......
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