This topic contains a solution. Click here to go to the answer

Author Question: ________ have more detailed rules than ________. A) IFRS; U.S. GAAP B) U.S. GAAP; IFRS C) This ... (Read 44 times)

humphriesbr@me.com

  • Hero Member
  • *****
  • Posts: 550
________ have more detailed rules than ________.
 
  A) IFRS; U.S. GAAP
  B) U.S. GAAP; IFRS
  C) This is a trick question, since U.S. GAAP and IFRS are the same.
  D) IGAAP; U.S. GAAP

Question 2

Because many companies use computerized accounting systems, periodic inventory is widely used.
 a. True
  b. False
 
   Indicate whether the statement is true or false



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

hanadaa

  • Sr. Member
  • ****
  • Posts: 339
Answer to Question 1

B

Answer to Question 2

False




humphriesbr@me.com

  • Member
  • Posts: 550
Reply 2 on: Jul 5, 2018
YES! Correct, THANKS for helping me on my review


adammoses97

  • Member
  • Posts: 337
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

Fewer than 10% of babies are born on their exact due dates, 50% are born within 1 week of the due date, and 90% are born within 2 weeks of the date.

Did you know?

Walt Disney helped combat malaria by making an animated film in 1943 called The Winged Scourge. This short film starred the seven dwarfs and taught children that mosquitos transmit malaria, which is a very bad disease. It advocated the killing of mosquitos to stop the disease.

Did you know?

According to the American College of Allergy, Asthma & Immunology, more than 50 million Americans have some kind of food allergy. Food allergies affect between 4 and 6% of children, and 4% of adults, according to the CDC. The most common food allergies include shellfish, peanuts, walnuts, fish, eggs, milk, and soy.

Did you know?

Human kidneys will clean about 1 million gallons of blood in an average lifetime.

Did you know?

The calories found in one piece of cherry cheesecake could light a 60-watt light bulb for 1.5 hours.

For a complete list of videos, visit our video library