[Answered] IFRS and U.S. GAAP are the same in all respects. Indicate whether the statement is true or ...

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Author Question: IFRS and U.S. GAAP are the same in all respects. Indicate whether the statement is true or ... (Read 46 times)

OSWALD

Hero Member
Posts: 580

on: Jul 5, 2018

IFRS and U.S. GAAP are the same in all respects.

Indicate whether the statement is true or false

Question 2

(Appendix) A company receives cash from a bank loan. This activity is classified as
a. operating.
b. investing.
c. financing.
d. borrowing.

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Kaytorgator

Sr. Member
Posts: 345

Reply #1 on: Jul 5, 2018

Answer to Question 1

FALSE

Answer to Question 2

c

OSWALD

Member
Posts: 580

Reply 2 on: Jul 5, 2018

Thanks for the timely response, appreciate it

vickybb89

Member
Posts: 347

Reply 3 on: Yesterday

TYSM

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