Final answer:
The correct answer to the student's question about a worldwide organization of national accounting bodies is e. IFAC, the International Federation of Accountants. IFAC develops accounting standards and supports the profession's quality globally.
Step-by-step explanation:
The student is asking about a worldwide organization consisting of national accounting bodies. The correct option to this question is e. IFAC, which stands for the International Federation of Accountants. This global organization supports the development of the accounting profession and international standards to enhance the quality of services provided by accountants worldwide.
IFAC is a platform where expert discussions on governance and standards in accounting take place. It is significantly different from other options listed such as PCAOB, which is focused on auditing oversight in the United States, or entities like Quality Control policies and inspections which relate to standards and practices within the field of accountancy but are not organizations. Contributions of IFAC to the global accounting profession include the establishment of standards and guidelines for ethics, education, public sector accounting, and auditing. By adhering to these guidelines, firms and professionals ensure the integrity and quality of their accounting work, which is critical for the transparency and function of global financial markets.