Stock market crash

1. What are International Financial Reporting Standards?

2. Explain the product life cycle and give an example.

3. Why did limited partnerships, S corporations, limited liability companies, and limited liability partnerships arise?

1. How did the 1929 stock market crash affect accounting and business?

2. What are generally accepted accounting principles? Who is responsible for them?

3. Explain the purpose of the FASB concepts statements.

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