Solved

GAAP's Definition for Inventory and Provision of Guidelines for Inventory

Question 1

Short Answer

GAAP's definition for inventory and provision of guidelines for inventory accounting as compared to IFRS are:  Guideliness for  Definitions for Inventory  inventory accountin \begin{array} { l c } &\text { Guideliness for } \\ \underline{\text { Definitions for Inventory }}& \underline{\text { inventory accountin } }\end{array}
A)  Definitions for Inventory  more detailed \begin{array} { l c } \text { Definitions for Inventory } & \text { more detailed } \\\end{array}
B)  essentially similar  more detailed \begin{array} { l c } \text { essentially similar } &&&& \text { more detailed } \\\end{array}
C)  essentially different  less detailed \begin{array} { l c } \text { essentially different } &&& \text { less detailed } \\\end{array}
D)  essentially different  less detailed \begin{array} { l c } \text { essentially different } &&& \text { less detailed }\end{array}

Correct Answer:

verifed

Verified

Related Questions