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 c US GAAP provides less guidance about revenue recognition d IFRS standards are outdated about revenue recognition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d IFRS standards are outdated about revenue recognition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