Which of the following statements is true about accounting standards in the United States? a. They are
Question:
Which of the following statements is true about accounting standards in the United States?
a. They are the same as the taxation rules.
b. Minor differences exist between accounting standards and taxation rules.
c. Significant differences exist between accounting standards and taxation rules.
d. Accounting standards are set by the Internal Revenue Service.
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Related Book For 
Financial Accounting The Impact On Decision Makers
ISBN: 9780324655230
6th Edition
Authors: Gary A. Porter, Curtis L. Norton
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