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: 1. What is fair value accounting? 2. When is it used under US GAAP? 3. Why is fair value accounting used? 4. Do you

: 1. What is fair value accounting? 2. When is it used under US GAAP? 3. Why is fair value accounting used? 4. Do you think fair value accounting should be used to report all of a company's assets and liabilities?

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