Given That IFRS Is Not Currently Required in the U

Multiple Choice

Given that IFRS is not currently required in the U.S., foreign companies that list their stock on the New York Stock Exchange must:

A) Reconcile the financial statements in their home country GAAP to U.S. GAAP
B) Use IFRS in their financial statements
C) Either reconcile their statements to U.S. GAAP or use IFRS
D) Use their home country GAAP in their financial statements listed on the NYSE