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    Exam 1: Accounting in Action
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    GAAP, Compared to IFRS, Tends to Be More
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GAAP, Compared to IFRS, Tends to Be More

Question 40

Question 40

Multiple Choice

GAAP, compared to IFRS, tends to be more


A) simple in accounting requirements.
B) rules-based.
C) principles-based.
D) simple in disclosure requirements.

Correct Answer:

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