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Which of the following statement is true about revenue recognition? a . It is an example of widening gap between U . S . GAAP

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Which of the following statement is true about revenue recognition?
a. It is an example of widening gap between U.S. GAAP and IFRS.
b. Because standard setters cooperated on updating Revenue Recognition
procedures, currently U.S. GAAP and IFRS are very similar in this area.
c. U.S. GAAP provides less guidance about revenue recognition
d. IFRS standards are outdated about revenue recognition
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