How Is Reporting for Other Comprehensive Income (OCI)different Between U

Multiple Choice

How is reporting for other comprehensive income (OCI) different between U.S.GAAP and IFRS?

A) U) S.GAAP allow either a one-statement approach or a two-statement approach while IFRS require a two-statement approach using the direct method.
B) U) S.GAAP allow either a one-statement approach or a two-statement approach while IFRS require a two-statement approach and allow more items to be classified as OCI.
C) Both U.S.GAAP and IFRS allow either a one-statement approach or a two-statement approach while IFRS require the direct method.
D) Both U.S.GAAP and IFRS allow either a one-statement approach or a two-statement approach while IFRS allow more items to be classified as OCI.