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In the Recent Years, the Financial Accounting Standards Board (FASB)

Question 29

Multiple Choice

In the recent years, the Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) have come together to:


A) restructure the qualification and clearance standards for certified public accountants universally.
B) impose stricter punishments in cases of fraudulent and unethical accounting.
C) maneuver other nations into adopting the accounting practices of the United States.
D) find ways to make U.S.accounting practices more consistent with those in other nations.

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