Question: The GAAP regulations allow for variations in reporting financial data. What is the purpose of these options? There has also are been discussion to replace

The GAAP regulations allow for variations in reporting financial data. What is the purpose of these options? There has also are been discussion to replace the GAAP with IFRSstandards.Discuss.

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The GAAP regulations allow for variations in reporting financial data. What is the purpose of these options? There has also are been discussion to replace the GAAP with IFRS standards. Discuss.

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