In Terms of Balance Sheet Used by the IFRS, Which

Multiple Choice

In terms of balance sheet used by the IFRS, which of the following is true?

A) Entities may present either a classified or non-classified balance sheet.
B) Does not prescribe to a particular format.
C) Items on the face of the balance sheet are generally presented in decreasing order of liquidity.
D) Public companies must follow SEC guidelines regarding minimum-disclosure requirements.