Within the United States, the dominant body in the primary development of accounting principles is the

A) American Institute of Certified Public Accountants (AICPA)
B) American Accounting Association (AAA)
C) Financial Accounting Standards Board (FASB)
D) Institute of Management Accountants (IMA)

The Financial Accounting Standards Board (FASB) is the dominant body in the primary development of accounting principles within the United States. The FASB is responsible for setting Generally Accepted Accounting Principles (GAAP) which are used by businesses and organizations to create financial statements. The other options listed - the American Institute of Certified Public Accountants (AICPA), the American Accounting Association (AAA), and the Institute of Management Accountants (IMA) - are professional organizations that may provide guidance and resources for accountants, but they do not have the primary responsibility for developing accounting principles like the FASB does.