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Below is an unordered, partial list of steps followed in FASBs standard-setting process. Issue...

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Accounting

Below is an unordered, partial list of steps followed in FASBs standard-setting process.

  1. Issue a final standard
  2. Convene a transition resource group
  3. Board votes whether to include issue on its agenda
  4. Issue an exposure draft

The correct sequence (first to last) of these steps is:

a. D, C, A, B

b. D, C, B, A

c. C, D, A, B

d. C, D, B, A

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