=+20. Do you see any inconsistency between the present value of assets and lia- bilities in SFAC
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=+20. Do you see any inconsistency between the present value of assets and lia-
bilities in SFAC No. 7 since the latter is based on a firm-specific discount rate and the former does not use a firm-specific rate? Discuss.
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Accounting Theory Conceptual Issues In A Political And Economic Environment
ISBN: 9780324186239
6th Edition
Authors: Harry I. Wolk, James Dodd, Michael G. Tearney
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