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What is GAAP, IFRS, and what are the differences between the two. Why is this important to a public corporation that sells products internationally? What

  1. What is GAAP, IFRS, and what are the differences between the two. Why is this important to a public corporation that sells products internationally?
  2. What is the SEC, what is EDGAR, what is a 10K and a 10Q?

BUS110, short answers please

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