Authoritative standards for IFRS include: a) International Financial Reporting Standards only. b) International Financial Reporting Standards and International Accounting Standards only. c) International Financial Reporting Standards, International Accounting Standards and GAAP only. d) International Financial Reporting Standards, International Accounting Standards and any GAAP standard recognized by an organized stock exchange.
Authoritative standards for IFRS include: a) International Financial Reporting Standards only. b) International Financial Reporting Standards and International Accounting Standards only. c) International Financial Reporting Standards, International Accounting Standards and GAAP only. d) International Financial Reporting Standards, International Accounting Standards and any GAAP standard recognized by an organized stock exchange.
Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
ChapterA1: International Financial Reporting Standards
Section: Chapter Questions
Problem 4MCQ
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1) Authoritative standards for IFRS include:
a) International Financial Reporting Standards only.
b) International
c) International Financial Reporting Standards, International Accounting Standards and GAAP only.
d) International Financial Reporting Standards, International Accounting Standards and any GAAP standard recognized by an organized stock exchange.
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