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In Recent Years, the FASB and IASB Have Pursued a Process

Question 8

Multiple Choice

In recent years, the FASB and IASB have pursued a process aimed at reducing inconsistencies and improving comparability between U.S. GAAP and IFRS. This process is known as:


A) Consistency
B) Matching
C) Quantifying
D) Convergence
E) Globalization

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