How Do Inventory Disclosures Following IFRS Differ from Those Following

Multiple Choice

How do inventory disclosures following IFRS differ from those following U.S. GAAP?

A) Firms using IFRS are required to report the amount of reversals of inventory write-downs.
B) Firms using IFRS disclose the amount of write-downs recognized as expenses or losses.
C) Firms using IFRS do not disclose the market value of inventory.
D) Firms using IFRS do not disclose inventory financing agreements.