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    Exam 6: The Challenges of Accounting: Standards, Internal Control, Audits, Fraud, and Ethics
  5. Question
    In Terms of Valuation, U
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In Terms of Valuation, U

Question 97

Question 97

Multiple Choice

In terms of valuation, U.S. GAAP generally uses ________, while IFRS generally uses ________.


A) market values, historical values
B) historical values, historical values
C) historical values, market values
D) market values, market values

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