Challenger App

No.1 PSC Learning App

1M+ Downloads
In which year was the American Institute of Certified Public Accountants (AICPA) founded?

A1987

B1887

C1917

D1977

Answer:

B. 1887

Read Explanation:

AICPA:

  • Founded in 1887

  • Headquarters – United States.

According to American Accounting Association (AAA):

Accounting is the process of identifying, measuring, recording and classifying economic information to permit informed judgement and decisions and users of the information.


Related Questions:

Sales are equal to ----.
Which basis of accounting follows the matching principle properly?
Accounting principles are generally based on .....
Where are current liabilities shown in financial statements?
Purchased goods for cash - INCREASE IN ---.