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    Understanding Business Study Set 2
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    Exam 17: Understanding Accounting and Financial Information
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    The Financial Accounting Standards Board Only Sets Standards for Accountants
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The Financial Accounting Standards Board Only Sets Standards for Accountants

Question 191

Question 191

True/False

The Financial Accounting Standards Board only sets standards for accountants in the private sector;however,government accountants have no universally accepted procedures that they must follow.

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