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Why might it be desirable to have a global set of GAAP? A. To comply...

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Accounting

Why might it be desirable to have a global set of GAAP?

A. To comply with the going-concern concept.

B. To avoid the costs of audited financial statements which are required under current U.S. GAAP.

C. To enhance comparability and transparency across national borders.

D. To decrease the amount of debt incurred by a company.

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