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    Exam 16: The General Ledger and Business Reporting GLBR Process
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    Convergence Implies That GAAP and IFRS Standards Will Blend Together
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Convergence Implies That GAAP and IFRS Standards Will Blend Together

Question 37

Question 37

True/False

Convergence implies that GAAP and IFRS standards will blend together, with differences reconciled, and ultimately we will have one set of standards that can be used world-wide.

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