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Benefits of ASU 2016-14 to stakeholders, according to FASB, include: O a. Reduced cost to obtain incremental data relevant to new disclosures. b. Additional time

Benefits of ASU 2016-14 to stakeholders, according to FASB, include: O a. Reduced cost to obtain incremental data relevant to new disclosures. b. Additional time to communicate and explain the changes to users of the financial statements. c. Additional effects on the organization's internal financial reporting process and control. Od. Additional transparency about the entity's service efforts and its ability to continue providing services

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