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Why Is the Response Time More Rapid for the Financial

question 17

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Why is the response time more rapid for the Financial Standards Board (FASB) in the U.S. who issue Statements of Financial Accounting Standards (SFAS) than the CICA AcSB who take as much as two years to bring new Handbook Recommendations to fruition.


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Medical Doctor

A qualified practitioner of medicine; a physician who has completed training in medical school and earned a professional degree.

Specialized Training

Training that focuses on developing expertise or skills in a specific field or profession, often requiring advanced education and practice.

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A form of therapy aimed at treating mental health problems by talking with a psychologist, psychiatrist, or other mental health provider.

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A feeling of discomfort or anxiety about something that is not right.

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