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What function does scope guidance serve within codification

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Reference no: EM132705099

Scope guidance indicates which transactions, items or entities are subject to guidance within a topic. With the FASB:

Question 1: What function does scope guidance serve within the Codification?

Question 2: At what point in your research should you consult scope guidance?

Question 3: Discuss a time when you had made incorrect assumptions initially (at work or at home)? What happened? How did you resolve the situation?

Reference no: EM132705099

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