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14) How are FASB preliminary views and FASB exposure drafts related to FASB ""statements""?

User Agrinh
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Answer:

Fasb preliminary view is a research done on a topic by a technical department and passed to the Fasb board who prepares an exposure draft for public commenting after analysing the preliminary view.

Fasb statement is issued after reevaluation of public opinion on comment.

Step-by-step explanation:

Fasb preliminary view is a research done on a topic by a technical department, the Fasb board prepares an exposure draft for public comment.

Fasb statement is issued by members of the board by voting after reevaluation of public opinion on comment made on the exposure draft by the public.

User Yorgos Pagles
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