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Which of the Following Are True Regarding the Financial Accounting

Question 12

Multiple Choice

Which of the following are true regarding the Financial Accounting Standards Board (FASB) ?


A) The FASB includes ten members, each serving a term of three years.
B) Each member of the FASB must be a Certified Public Accountant.
C) There must be no conflict between the FASB members' private interest and the public interest.
D) All of the above are true.

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