Which of the following statements is true? a. The FASB has legal authority to write...
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Accounting
Which of the following statements is true?
a. The FASB has legal authority to write international accounting standards.
b. The SEC and FASB have worked closely together in the development of accounting policy.
c. The FASB is a public-sector organization.
d. The SEC has delegated accounting rule-making to Congress.
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