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How and Why Were SPEs Changed by FASB Interpretation No

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How and why were SPEs changed by FASB Interpretation No. 46 and Interpretation 46R?


Definitions:

Brain Fold

The creases and wrinkles on the surface of the brain which increase its surface area, allowing for greater cognitive capacity and function.

Primates

A mammalian order that includes humans, monkeys, and apes, characterized by large brains, forward-facing eyes, and opposable thumbs.

Skull

The bony structure that forms the head in vertebrates, housing and protecting the brain.

Genus

A rank in the biological classification system (taxonomy) that groups together species sharing common characteristics, just above species level.

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