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The purposes of the joint long-term project of the FASB and IASB to converge revenue recognition principles include all of the following except a. eliminate
The purposes of the joint long-term project of the FASB and IASB to converge revenue recognition principles include all of the following except a. eliminate inconsistencies in conceptual guidance on revenues b. replace principle-based accounting with rule-based accounting for revenues c. establish a single comprehensive standard on revenue recognition d. fill voids in revenue recognition guidance
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