Convergence is the process of the International Accounting Standards Board (IASB), the Financial Accounting Standards Board (FASB) and other national accounting standard setters working together to a common set of standards.

Convergence is the process of the International Accounting Standards Board (IASB), the Financial Accounting Standards Board (FASB) and other national accounting standard setters working together to a common set of standards.




Answer: True


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