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The Financial Accounting Standards Board employs a due process system which: requires that all accountants must receive a copy of financial standards. is an efficient
The Financial Accounting Standards Board employs a "due process" system which:
requires that all accountants must receive a copy of financial standards.
is an efficient system for collecting dues from members.
identifies the accounting issues that are the most important.
enables interested parties to express their views on issues under consideration.
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