Which of the following statements is false? O A. Accountants must convert to...
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Accounting
Which of the following statements is false? O A. Accountants must convert to U.S. GAAP the IFRS financial statements of foreign subsidiaries that belong to U.S. companies. O B. The SEC permits the use of IFRS-based financial statements by international companies with shares trading on U.S. stock exchanges. C. The accounting profession has determined that a working knowledge of IFRS is not important for accountants working in the United States. 0 D. Non-US. companies operate in the United States but prepare their financial statements using IFRS. Click to select your
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