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Which of the Following Is True Regarding IFRS Versus U

Question 18

Multiple Choice

Which of the following is true regarding IFRS versus U.S.GAAP depreciation requirements?


A) IFRS require systematic and rational methods; GAAP requires systematic methods.
B) IFRS require systematic and rational methods; GAAP requires rational methods.
C) IFRS require systematic methods; GAAP requires systematic and rational methods.
D) IFRS require rational methods; GAAP requires systematic and rational methods.

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