Answered: The FASB, GASB, and FASAB all focus their standards on both internal and external financial reporting. True or False Interperiod equity refers to the… | bartleby
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SOLVED:These are used by the FASB, and it is a set of concepts that guide financial reporting. A. Financial Accounting Standards Board (FASB) B. generally accepted accounting principles (GAAP) C. Securities and Exchange Commission (SEC) D. conceptual framework
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