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Identify two issues that the FASB is presently considering. Review the comment letters to one of the outstanding exposure drafts, and identify if those comment

  1. Identify two issues that the FASB is presently considering.
  2. Review the comment letters to one of the outstanding exposure drafts, and identify if those comment letters favor or oppose FASBs position in the exposure draft, giving support for your position.
  3. Explain whether you agree with the majority of respondents. Why, or why not?

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