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the chair of the FASB at one time noted that the flow of standards can only be slowed if (1) producers focus less on quarterly
the chair of the FASB at one time noted that "the flow of standards can only be slowed if (1) producers focus less on quarterly earning per share and tax benefitd and more on quality products and (2) accountants and lawyers rely less on rules and law and more on proffessional judgment and conduct." explain his comment.
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