(T / F) Accounting rules in the United States are known as International Financial Reporting Standards (IFRS). Select one: True False
Correct. (T / F) In a company the person in charge of the accounting activity is called the controller or chief financial officer.
Correct. (T / F) The three forms of business organizations are single proprietorship, partnership, and trust.
True False Correct. Corporation, not trust, is the third form.
