Currently, the organization with the primary responsibility for formulating u.s. generally accepted accounting principles is the Financial Accounting Standards Board.
An organization is a group of people working together, such as a neighborhood association, charity, union, or business. The word organization can be used to refer to a group or enterprise or the act of forming or establishing something.
The organizational structure used in most companies today is represented by three organizational forms: functional, departmental, and matrix. Each of these forms has advantages and disadvantages that owners should consider before deciding which one to implement in their business.
Any kind of group or entity duly or legally associated. The term organization includes corporations, governments, partnerships, and civil or political associations of people of any kind.
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