23 2 pts 3. Under US GAAP, revenue recognition rules were recently revised and a...

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Accounting

23 2 pts 3. Under US GAAP, revenue recognition rules were recently revised and a 5-step framework for recognizing revenue was created. (2 points) O True False Question 24 4. The SEC grants authority to create and issue accounting rules, guidelines, and standards to which of the following entities? (3 points) PCAOB O IFRS IASB O None of these IRS 3 pts

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