Why was it believed that accounting standards that were issued by the Financial Accounting Standards Board would carry more weight than standards previously issued

Incomplete question. The options;

a. The FASB has small membership.

b. The FASB board members are well paid.

c. The FASB board members must be CPAs.

d. The FASB engages in due process.

d. The FASB engages in due process.

Explanation:

Interestingly, the FASB (Financial Accounting Standards Board) issued standards involve more due process than previously issued standards.

For example, the board on a federal level provides detailed guidelines on how non-profits organizations, public companies, and private companies should report their financial information. By visiting the FASB website, we can find it's due process information.