Question
The joint project between the Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) seeks to accomplish which of the following? Encourage
- The joint project between the Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) seeks to accomplish which of the following?
- Encourage all countries to adopt U.S. GAAP
- Converge the two sets of standards currently used by the two organizations
- Create a brand new accounting system for businesses worldwide
- None of the above
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