Harmonization of IASB and FASB Standards Is Now Being Called

question 50

Multiple Choice

Harmonization of IASB and FASB standards is now being called:

• A)benchmarking.
• B)conformity.
• C)uniformity.
• D)convergence.

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Definitions:

Extemporaneous Presentation

a speech or presentation delivered without extensive pre-prepared script but often based on some notes or outline.

Extemporaneous Presentation

A speech or presentation delivered with little or no specific preparation, often structured around a brief set of notes or an outline.

Rehearse

The act of practicing a performance or activity ahead of time to ensure it is ready and polished.

Speaking Situation

A scenario in which an individual is required to speak in front of an audience, often to inform, persuade, or entertain.