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Except for the core business activities that they can perform better, faster, and cheaper than others, _____________outsource all remaining business activities to outside companies, suppliers, specialists, or consultants.
IASC
The International Accounting Standards Committee, a former organization responsible for the development of global accounting standards.
IASB
International Accounting Standards Board, the organization responsible for issuing and updating International Financial Reporting Standards (IFRS).
Accounting Principles
Established guidelines and standards for financial reporting and accounting practices.
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