In the Norwalk Agreement, the FASB and IASB pledged to:
A) Combine their organizations to form the BUSYB.
B) Make progress on specific MOU projects.
C) Achieve convergence by the year 2015.
D) Remove existing differences between their standards.

Question

Quizplus · Accepted Answer

The Answer of In the Norwalk Agreement, the FASB and IASB pledged to:
A) Combine their organizations to form the BUSYB.
B) Make progress on specific MOU projects.
C) Achieve convergence by the year 2015.
D) Remove existing differences between their standards.

In the Norwalk Agreement, the FASB and IASB Pledged To