All firms that are publicly traded in the United States will be

Question

All firms that are publicly traded in the United States will be required to adopt the _____ in the near future.

a. Generally Accepted Accounting Principles (GAAP)

b. Financial Accounting Standards Rules (FASR)

c. Governmental Accounting Standards Principles (GASP)

d. International Financial Reporting Standards (IFRS)

e. National Advisory Accounting Standards (NAAS)

Answer

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