Question: Standard setters evaluating a proposed Accounting Standards Update (ASU) must ignore the question of whether the costs to meet the proposed ASU are justified in

 Standard setters evaluating a proposed Accounting Standards Update (ASU) must ignore

Standard setters evaluating a proposed Accounting Standards Update (ASU) must ignore the question of whether the costs to meet the proposed ASU are justified in relation to the overall benefits of the resulting information. True False

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