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    Ethical Obligations Study Set 2
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    Exam 8: International Financial Reporting: Ethics and Corporate Governance Considerations
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    One Problem of a More Principles-Based System That Was Pointed
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One Problem of a More Principles-Based System That Was Pointed

Question 49

Question 49

Multiple Choice

One problem of a more principles-based system that was pointed out in an SEC study is that they:


A) Tend to be rules-based more than objectives-oriented standards
B) May present enforcement problems
C) Use bright-line tests
D) All of these

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