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  2. Topic
    Business
  3. Study Set
    Australian Financial Accounting
  4. Exam
    Exam 2: The Conceptual Framework of Accounting and Its Relevance to Financial Reporting
  5. Question
    The IASB and US FASB Are Jointly Developing a Common
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The IASB and US FASB Are Jointly Developing a Common

Question 44

Question 44

True/False

The IASB and US FASB are jointly developing a common conceptual framework because this is necessary for the Convergence Project,which aims to converge two sets of accounting standards.

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