Question: The purpose of the emerging issues task force is 1develop a conceptual framework as a frame of reference for the solution of future problems 2Do

The purpose of the emerging issues task force is
1develop a conceptual framework as a frame of reference for the solution of future problems
2Do research on issues that relate to international accounting problems
3Lobby the internal revenue service on issues that affect tax liabilities of companies
4Identify controversial accounting issues and determine if they can be resolved without involvement of the FASB

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