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Under IFRS, Companies Are Required to Disclose Information About the Assumptions

Question 54

Multiple Choice

Under IFRS, companies are required to disclose information about the assumptions and estimates made ________.


A) at the end of the reporting period
B) throughout the reporting period
C) at the beginning of the reporting period
D) Unlike U.S. GAAP, IFRS does not require disclosures of assumptions and estimates.

Correct Answer:

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