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In 2000, the International Organization of Securities Commissions (IOSCO) recommended that stock exchange regulators allow Multiple choice question. foreign companies to use U.S. GAAP in

In 2000, the International Organization of Securities Commissions (IOSCO) recommended that stock exchange regulators allow Multiple choice question. foreign companies to use U.S. GAAP in preparing their financial statements rather than local accounting standards. foreign companies to use IASC standards in preparing their financial statements rather than local accounting standards. domestic companies to use IASC standards in preparing their financial statements rather than local accounting standards

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