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    Exam 2: The Recording Process
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    Fair Value Is Relied on
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Fair Value Is Relied on

Question 173

Question 173

Multiple Choice

Fair value is relied on


A) less under IFRS than under GAAP.
B) more under IFRS than under GAAP.
C) equally under IFRS and GAAP.
D) infrequently under IFRS.

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