高頓網(wǎng)校USCPA責(zé)任小編為大家準(zhǔn)備模擬練習(xí)題啦，各位考生還不速速來練習(xí)？你會(huì)做嗎？
　　For an entity's financial statements to be presented fairly in accordance with an applicable financial reporting framework, the framework selected should:
　　a. Be U.S. GAAP, for all audits performed in the United States.
　　b. Match the reporting framework used by most other entities within the entity's particular industry.
　　c. Include an adequate description of the framework in the financial statements.
　　d. Be approved by the Auditing Standards Board or the appropriate industry subcommittee.
　　Explanation
　　Choice "c" is correct. The preparation and fair presentation of the financial statements requires identification of the applicable financial reporting framework and inclusion of an adequate description of the framework, as well as preparation and fair presentation in accordance with the framework.
　　Choice "a" is incorrect. There may be other financial reporting frameworks, such as IFRS (International Financial Reporting Standards), that are used by companies that are audited in the United States.
　　Choice "d" is incorrect. The Auditing Standards Board does not establish a financial reporting framework.
　　Choice "b" is incorrect. There is no requirement that an entity's financial statements be prepared in accordance with pr*ent industry practices.
　　USCPA考試的報(bào)名時(shí)間、考試動(dòng)態(tài)，高頓網(wǎng)校會(huì)在*9時(shí)間通知大家，敬請(qǐng)關(guān)注高頓網(wǎng)校*7考試動(dòng)態(tài)【提示：“Ctrl+D”收藏此頁面】。