Which of the Following Statement(s)is/are True with Respect to the Differences

Multiple Choice

Which of the following statement(s) is/are true with respect to the differences between IFRS and US generally accepted accounting principles (GAAP) ?

A) There are no differences between IFRS and US GAAP.
B) There are only slight differences between IFRS and US GAAP.
C) There was a decision made by both the IASB and the US Financial Accounting Standards Board (FASB) to pursue an intensification of the convergence program designed to bring a number of short-term fixes between the two sets of accounting standards.
D) There are only slight differences between IFRS and US GAAP and there was a decision made by both the IASB and the US Financial Accounting Standards Board (FASB) to pursue an intensification of the convergence program designed to bring a number of short-term fixes between the two sets of accounting standards.