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    Accounting Information Systems Study Set 1
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    Exam 16: The General Ledger and Business Reporting GLBR Process
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    GAAP and IFRS Convergence Will Lead To
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GAAP and IFRS Convergence Will Lead To

Question 102

Question 102

Multiple Choice

GAAP and IFRS convergence will lead to:


A) the end of the FASB
B) the blending of GAAP and IFRS standards
C) decreased role for the AICPA
D) less costly processes for financial reporting

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