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Listed Below Are the Ten Steps the FASB Goes Through

Question 75

Essay

Listed below are the ten steps the FASB goes through in issuing a new Statement.
a.Conchuct re search_______
b.Deliberate on findings____
c.Hold public hearings_______
d.Identify topic_______
e.Issue Dis cussion Memorandum_______
f.Issue Exposure Draft_______
g.Issue Statement_______
h.Modify Exposure Draft_______
i.Vote_______

Required:
Indicate the proper sequence of these steps.

Correct Answer:

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a.2
b.5
c....

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