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  3. Study Set
    Financial Reporting
  4. Exam
    Exam 1: The Economic and Institutional Setting for Financial Reporting
  5. Question
    A Major Factor Underlying the Rise of IFRS Is That
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A Major Factor Underlying the Rise of IFRS Is That

Question 77

Question 77

True/False

A major factor underlying the rise of IFRS is that companies needing to seek global sources of capital are at a disadvantage when they only produce financial statements based on the commercial and tax law approach.

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