subject
Business, 18.02.2020 17:29 decoreyjpaipxv

Which of these statements regarding the IFRS and GAAP is correct? A) GAAP is considered to be "principles-based". B) GAAP is considered to be less detailed than IFRS. C) IFRS is considered to be "principles-based" and less detailed than GAAP D) Both GAAP and IFRS are considered to be "rules-based", but GAAP tends to be more complex.

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 17:30
Which composition of transformations will create a pair of similar, not congruent triangles? a rotation, then a reflectiona translation, then a rotationa reflection, then a translationa rotation, then a dilationmark this and retumsave and exit
Answers: 2
question
Business, 22.06.2019 10:20
Sye chase started and operated a small family architectural firm in 2016. the firm was affected by two events: (1) chase provided $25,000 of services on account, and (2) he purchased $2,800 of supplies on account. there were $250 of supplies on hand as of december 31, 2016. record the two transactions in the accounts. record the required year-end adjusting entry to reflect the use of supplies and the required closing entries. post the entries in the t-accounts and prepare a post-closing trial balance.
Answers: 1
question
Business, 22.06.2019 20:30
Discuss ways that oracle could provide client customers with the ability to form better relationships with customers.
Answers: 3
question
Business, 22.06.2019 23:10
Which investment has the liquidity and can be converted into cash easily?
Answers: 2
You know the right answer?
Which of these statements regarding the IFRS and GAAP is correct? A) GAAP is considered to be "princ...
Questions
question
Chemistry, 17.03.2021 23:50
question
Mathematics, 17.03.2021 23:50
question
Physics, 17.03.2021 23:50
Questions on the website: 13722367