Multiple Choice
The SEC has ________.
A) ordered all U.S.companies to begin using IFRS immediately
B) ruled that U.S.companies may never use IFRS for financial reporting
C) established a time table for the convergence of U.S.GAAP and IFRS
D) established an International Accounting Standards Board to create international accounting rules
Correct Answer:
Verified
Correct Answer:
Verified
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