The newly adopted revenue recognition standard, issued by the FASB and IASB, has very little impact on the retail industry because the standards for revenue recognition in that industry were already closely aligned globally.

Name: The newly adopted revenue recognition standard, issued by the FASB and IASB, has very little impact on the retail industry because the standards for revenue recognition in that industry were already closely aligned globally.
Brand: Quizplus
Rating: 4.7 (33 reviews)

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The Answer is True

The Newly Adopted Revenue Recognition Standard, Issued by the FASB