One Difference Between GAAP and IFRS Is That

Multiple Choice

One difference between GAAP and IFRS is that

A) the limitations of a trial balance are different between GAAP and IFRS.
B) IFRS uses more fair value measurement than GAAP.
C) GAAP uses a different posting process than IFRS.
D) IFRS uses accruals accounting concepts and GAAP uses primarily the cash basis of accounting.