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Compare and contrast the fasb with the apb and the cap does

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1. Did you expect the process to be more political? Less political?
2. Compare and contrast the FASB with the APB and the CAP. Does the FASB's structure enhance or detract from its independence? Do you think that industry recapture may exist?
3. How did politics/outside circumstances influence the standard setting process?

Reference no: EM13599277

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