Under International Financial Reporting Standards (IFRS), Which of the Following

Multiple Choice

Under International Financial Reporting Standards (IFRS) , which of the following is true regarding inventory write-downs and\or recovery of a write-down?

A) Recovery of inventory write-downs is prohibited under IFRS.
B) IFRS requires separate reporting of reversals of inventory write-downs.
C) IFRS requires companies to record write-downs in a separate loss account.
D) All of the choices are correct regarding IFRS and write-downs and\or recoveries.