It is easy for standard-setters to set rules that both give companies flexibility in setting standards and ensure that different companies' reports are comparable.

Question

Quizplus · Accepted Answer

It is difficult for standard-setters to strike a balance between allowing companies flexibility in reporting while still ensuring comparability across reports from different companies. This is because different companies may have varying business models, operations, and accounting practices that can impact how they report on the same metrics.

It Is Easy for Standard-Setters to Set Rules That Both