Which of the following are not key FASB initiatives to further converge IFRS and U.S. GAAP?
A) Short-term convergence projects.
B) Joint projects sharing FASB and IASB staff resources.
C) Having the IASB Chairman in-residence at the FASB office.
D) Monitoring ongoing IASB projects.
E) Researching differences between U.S. GAAP and IFRS.
Correct Answer:
Verified
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