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7.What are the three major areas of accounting? 8.What is the purpose of the Financial Accounting Standards Board? 9.What groups consistently offer opinions about proposed

7.What are the three major areas of accounting? 8.What is the purpose of the Financial Accounting Standards Board? 9.What groups consistently offer opinions about proposed FASB statements? 10.What is the function of the Securities and Exchange Commission? 11.What led to the passage of the Public Company Accounting Reform and Investor Protection Act of 2002? 12.What is the purpose of the Public Company Accounting Oversight Board?"

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