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Which of the following is not a likely step to furthering convergence of FASB and IFRS? Multiple Choice FASB adopting an existing IASB Standard. IASB
Which of the following is not a likely step to furthering convergence of FASB and IFRS?
Multiple Choice
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FASB adopting an existing IASB Standard.
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IASB adopting an existing FASB standard.
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FASB and IASB issuing an identical standard.
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FASB working with IASB to develop a new standard.
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Realizing that identical standards, rather than similar standards, is not realistic.
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