menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Accounting Principles
  4. Exam
    Exam 8: Fraud, Internal Control, and Cash
  5. Question
    GAAP Compared to IFRS Tends to Be More
Solved

GAAP Compared to IFRS Tends to Be More

Question 102

Question 102

Multiple Choice

GAAP compared to IFRS tends to be more


A) simple in accounting requirements.
B) rules-based.
C) principles-based.
D) simple in disclosures requirements.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q97: The principle of internal control that prevents

Q98: Bonding personnel who handle cash and conducting

Q99: Each of the following items affect the

Q100: A $100 petty cash fund has cash

Q101: Speed Racer Company developed the following

Q103: On a bank reconciliation deposits in transit

Q104: Replenishing the petty cash fund requires<br>A) a

Q105: An accounts payable clerk also has access

Q106: A deposit ticket is a negotiable instrument

Q107: Phil Goss has worked for Dr. Stan

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines