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Discuss the fasbs standard setting process

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Reference no: EM13487630

Please read both attached files and then answer the following questions:

1.Discuss the FASB's standard setting process. You should summarize what the article discussed for the process, and then should provide your opinions

2.What is XBRL? Please discuss for the SEC's position on the adoption of XBRL

3.Please discuss the roles of DCF in SEC

Reference no: EM13487630

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