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QUESTION 3 Many believe that Apple (and other high-tech companies) successfully lobbied the FASB to consider the changes to revenue recognition principles for multiple element

QUESTION 3 Many believe that Apple (and other high-tech companies) successfully lobbied the FASB to consider the changes to revenue recognition principles for multiple element contracts that are reflected in the EITF statement. What was the exact nature of the change they lobbied for and how did it affect the company's financial reporting? In the long run does this really affect the ultimate financial performance of the company

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