Answer
1. (d)
2. (f)
3. (c)
4. (e)
5. (a)
6. (b)
Work Step by Step
Description to the pronouncements:
1. Staff positions- Provides additional guidance on implementing or applying FASB Standards or Interpretations
2. Interpretations (of the Financial Accounting Standards Board)- Represent extensions or modifications of existing standards.
3. Statements of Financial Accounting Standards- Primary document of the FASB that establishes GAAP.
4. EITF Statements- Provides guidance on how to account for new and unusual financial transactions that have the potential for creating diversity in financial reporting practices.
5. Opinions- Official pronouncements of the APB.
6. Statements of Financial Accounting Concepts- Sets forth fundamental objectives and concepts that will be used in developing future standards.
