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The FASB’s Codification creates a new set of GAAP.
The FASB- Codification creates a new set of GAAP. TRUE OR FALSE: 1. The AICPA created the Accounting Principles Board in 1959. 2. The FASB- Codification creates a new set of GAAP. 3. The AICPA- Code of Professional Conduct requires that members prepare financial statements in accordance with generally accepted accounting principles. 4. GAAP is a product of careful logic or empirical findings and is not influenced by political action. 5. The Public Company Accounting Oversight Board has oversight and enforcement authority and establishes auditing and independence standards and rules. Business Management Assignment Help, Business Management Homework help, Business Management Study Help, Business Management Course Help
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12 May 2016
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The FASB’s Codification creates a new set of GAAP.
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