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Corporate Financial Accounting 14th Edition by Carl Warren,James Reeve,Jonathan Duchac
Edition 14ISBN: 978-1305653535Corporate Financial Accounting 14th Edition by Carl Warren,James Reeve,Jonathan Duchac
Edition 14ISBN: 978-1305653535 Exercise 2
Briefly discuss the difference between (A) a "rules-based" approach to accounting standard setting and (B) a "principles- based" approach to accounting standard setting.
Explanation
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Rules-based accounting
Rules based acco...
Corporate Financial Accounting 14th Edition by Carl Warren,James Reeve,Jonathan Duchac
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