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Chapter One

Across
The type of accounting that culminates in the reports for investors and creditors.
Financial Accounting Standards Board
Securities and Exchange Commission.
The number of members on the FASB board.
The process of determining how and at what cost money is allocated among competing interests (two words).
Issued APB opinions
Down
Oversees the operations of the FASB
Generally Accepted Accounting Principles
The type of accounting that communicates information needed by management.
Committee on Accounting Procedure
One place for all the authoritative literature related to a particular topic.
Outside users of the financial statements other than equity investors.
Current organization that issues financial accounting standards.
Issued Accounting Research Bulletins
Equity users of the financial statements.
Accounting Principles Board