Use the FASB Codification to locate archived FASB Statement of Financial Accounting Standards No. 100.a.What does it discuss?b.What reasons were given for this deferral?c.What finally happened to SFAS No. 96?d.Is this an example of how the FASB at times modifies its position by listening to constituent comments?e.Do you think constituent input into the FASB’s due process adds value or does it create a political process that may limit the neutrality of FASB’s standards?
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