Question: Current U . S . GAAP for troubled debt restructuring can be criticized because Multiple choice question. the lender computes its loss using the original

Current U.S. GAAP for troubled debt restructuring can be criticized because
Multiple choice question.
the lender computes its loss using the original rate.
the accounting is consistent between the lender and the borrower.
the recognized gains and losses generally occur in the same years as the actual economic gains and losses.
the gain recognized by a borrower equals the loss recognized by the lender.

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