The Main Difference in the Accounting for Measurement Issues Between

Multiple Choice

The main difference in the accounting for measurement issues between IFRS and ASPE is that

A) IFRS has a well-developed framework for measuring fair values (IFRS13) , whereas ASPE does not.
B) there is no difference between accounting for measurement issues between these standards.
C) guidance under ASPE is concentrated in a single area of the ASPE body of knowledge.
D) IFRS requires explicit disclosure of fair value amounts, whereas these disclosures under ASPE are optional.