"Condorsement

Multiple Choice

"Condorsement":

A) Is a term used by the IASB to refer to the conditional endorsement process used by the EU with respect to IFRS.
B) Describes a combination of convergence and endorsement that the SEC suggested the United States might use in the future to incorporate IFRS into U.S.GAAP.
C) Was coined by a representative of the AICPA to describe the lengthy convergence process.
D) Has nothing to do with the convergence process.