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    Financial Reporting Standards
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    Exam 4: Key Differences Between IFRS and US-part 2
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    Which Are Two Major Differences Between U
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Which Are Two Major Differences Between U

Question 3

Question 3

Multiple Choice

Which are two major differences between U.S.GAAP and IFRS in accounting for property,plant,and equipment PPE) ?


A) Re-evaluation,impairment requirements
B) Component depreciation,re-evaluation
C) Interest cost during construction,impairment requirements
D) Depreciation method,interest cost during construction

Correct Answer:

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