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6. The Financial Accounting Standards Board: A. is a U.S. governmental agency that produces accounting principles in the United States. B. is a private-sector entity

6. The Financial Accounting Standards Board: A. is a U.S. governmental agency that produces accounting principles in the United States. B. is a private-sector entity responsible for the preparation and continued revision of the Accounting Standards Codification. C. does not provide accounting principles for privately held U.S. companies. D. All of the above are true. E. None of the above is true.

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