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All of the following are true regarding the FASB Codification except: the Codification was created to simplify user access. the goal of the Codification was
All of the following are true regarding the FASB Codification except:
the Codification was created to simplify user access.
the goal of the Codification was to provide one place where all authoritative literature about a particular topic could be
found.
the purpose of the Codification is to create new GAAP.
the Codification changes the way GAAP is documented, presented, and updated.
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