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- What are the potential benefits that a multinational corporation could derive from the international convergence of accounting standards?
6) How does the structure of the IASB help to establish its legitimacy as a global standard-setter?
7) What is the IASBs principles-based approach to accounting standard-setting?
11) Would the worldwide adoption of IFRS result in worldwide comparability of financial statements? Why or why not?
7) What is the IASBs principles-based approach to accounting standard-setting?
11) Would the worldwide adoption of IFRS result in worldwide comparability of financial statements? Why or why not?
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