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40 The government agency that approves U.S. GAAP is the Securities and Exchange Commission. Department of Commerce. Department of the Treasury. Senate. QUESTION 41 The

40 The government agency that approves U.S. GAAP is the Securities and Exchange Commission. Department of Commerce. Department of the Treasury. Senate. QUESTION 41 The issue price of the stock usually is equal to the par value of the stock. True False

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