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In 2009,the FASB Completed a Five-Year Effort to Distill the Existing

Question 115

Multiple Choice

In 2009,the FASB completed a five-year effort to distill the existing GAAP literature into a single database known as


A) the accounting standards database.
B) international financial reporting standards.
C) the converged accounting standards.
D) the accounting standards codification.

Correct Answer:

verifed

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