Under IFRS, End of the Period Adjustments May Need to Be

Multiple Choice

Under IFRS, end of the period adjustments may need to be made to income for all of the following reasons EXCEPT

A) income taxes must be filed in accordance with the Income Tax Act.
B) IFRS does not provide guidance on allowable deductions for CRA.
C) IFRS does allow for the taxes payable approach.
D) income taxes preparation may also be subject to provincial legislation.