Which of the following is true about accounting?
a. Accounting has become increasingly standardized.
b. Accounting is a dead discipline; the rules won’t likely change soon.
c. Accounting practitioners have no set rules for how to apply accounting.
d. FASB consists of 42 board members.
e. Use of accounting software is declining.
a. Accounting has become increasingly standardized.
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In distinguishing between revenues and gains, which of the following statements is false?
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How does SOX affect the provision of attest and advisory services?
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