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i. How was FASB funded prior to Sarbanes-Oxley and how did this change with SOX? What is the perceived benefit of the change in funding
i. How was FASB funded prior to Sarbanes-Oxley and how did this change with SOX? What is the perceived benefit of the change in funding sources?
ii. Part of FASBs due process when developing an ASU is to seek feedback from and/all stakeholders who want to provide opinions. Briefly discuss one advantage of seeking this extensive input, and one disadvantage.
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