Solved

The Statement That Is Correct Concerning the Convergence of IASB

Question 9

Multiple Choice

The statement that is correct concerning the convergence of IASB and US accounting standards is:


A) The Securities and Exchange Commission released a 'Roadmap' for the potential use of International Financial Reporting Standards by US companies by 2014
B) The Securities and Exchange Commission has agreed to adopt international accounting standards in 2014
C) The Securities and Exchange Commission has agreed to adopt international accounting standards by 2014
D) None of the statements are correct

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions