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The Federal Communication Commission is the agency responsible for monitoring television. It was created by the United States Congress. They also regulate radio and satellite.

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Q: What commission sets the standards for the broadcast industry?
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Continue Learning about Accounting

What is The organization that sets accounting standards for private sector organizations in the US?

FASB (pronounced: faz-bee) standing for Financial Accounting Standards Board.


Who sets US accounting rules?

Financial Accounting Standards Board (FASB) set US GAAP (Generally Accepted Accounting Practices)


Is conceptual framework a reporting standard?

Not exactly. The FASB conceptual framework sets the general philosophies that the specific reporting standards are based on. For example, the framework establishes that the accrual basis of accounting should be used; the idea that expenses should be matched with the corresponding revenues (the Matching Principle), the Principle of Conservatism, etc. The specific reporting standards generally work inside this framework, unless doing so would mislead financial statement users.


What is the effectiveness of budget in achieving organizational strategic goals?

Budgets play effective role in achieving organizational strategic goals in this sense that these budgets are the ways through passing which you reach at your strategic goals. In budget development process you try to foresee that will you successfully reach at your strategic goals or not . Budgets sets the standards to achieve goals and with the help of these standards organizations can evaluate the fluctuations occur during the year and try to ascertain the reasons from deviating from achieving the define goals.


Why international accounting standard board formulate accounting standards?

The IASB has developed IFRS (International Financial Reporting Standards) in order to fufill the public interest for "high quality, understandable" and internationally comparableFinancial Statements. This is due to Globalisation and the free flow across borders of Capital. There is a need for a single set of "rules" by which accounting material is prepared.For example:In the past there was a case of a manufacturer that was listed on the Stock Exchange in two countries (The US and Germany- their home nation).They had to create two sets of financial statements in order to fufill the rules of the Stock Exchanges.This for one had an added cost to the firm but also resulted in the firm publishing a substantial profit in one country and a large loss in the other (due to the different preparations).This basically negated any value that the Financial Statments would have thus the need for International Standards so that regardless of the countries listing country any investor could understand and use their Statements.

Related questions

Which of these agencies sets and enforces safety standards for items that are bought from businesses?

The Consumer Product Saftey Commission (CPSC) sets standards for items that are bought from businesses.


Sets and enforces safety standards for items that are bought from businesses?

The Consumer Protective Services Commission (CPSC) sets and enforces safety standards for items that are bought from businesses.


What agency determines safety standards for consumer products?

In the United States, the Consumer Products Safety Commission sets standards for consumer products. In India it is the Indian Standard Institution (ISI), which sets the standards for the products and also for many other things.


Saferty requirement of the office furniture?

The office furniture industry has safety standards that are determined by ANSI/BIFMA. This organization tests products and sets standards that determine the overall acceptable levels for safety.


What is ISO stand for?

Capitalised, as an abbreviation, it most often stands for International Organization for Standardization. It is a non-government organization that sets worldwide proprietary in industrial and commercial standards for each respective industry and country. Their standards or set requirements eventually becomes law to a respective industry.


Which of these are television sets designed to do?

receive broadcast signals


What organization sets and enforces safety standards for items that are bought from businesses?

In the United States, the Consumer Product Safety Commission (CPSC) sets and enforces safety standards for items bought from businesses. The CPSC is responsible for protecting consumers from unreasonable risks of injury or death associated with consumer products. They conduct research, develop safety standards, and enforce regulations to ensure consumer product safety.


Who sets the standards of the internet?

The W3C


Explain the advantages to uniform transmission standards and code sets?

do you think unifrom transmission standards and code sets were included in HIPAA?


Sets and enforces safety standards for items that are brought from businesses?

The Consumer Product Saftey Commission (CPSC) sets standards for items that are bought from businesses.Other agencies that focus on specific products are: the FDA (Food and packaged water ,Medical Devices and Drugs), EPA (Pesticides and anything that falls under FIFRA or TOSCA plus Drinking Water standards and devices), USDA (dairy and meat products), OSHA (workplace standards and practices), and the new Consumer Agency for Consumer Credit.


Who set the standards for workplace competency?

who sets the standards for work place competency


The legal environment sets the normative standards of ethical behavior a true statement?

The legal environment sets the normative standards of ethical behavior