Question 1
A major way in which IFRS differs from GAAP that will affect the design of a company's general ledger and reporting system is an IFRS principle known as
◦ componentization.
◦ monetization.
◦ securitization.
◦ centralization.
Question 2
At a minimum, a switch to IFRS from GAAP will affect companies' accounting information system by
◦ requiring companies to increase the processing power of their existing accounting information systems.
◦ requiring IT departments to hire programmers that are fluent in languages besides English.
◦ requiring the creation of additional fields in research and development (R&D) records to capture information about the stage of research and development that costs are incurred in.
◦ requiring firms to completely redesign their existing accounting information systems because current systems are not compatible with IFRS accounting principles.
Gastrointestinal system
The Endocrine System
Major Degenerative Diseases of the Central Nervous System
The level in the coolant recovery system raises and lowers with engine temperature.
Action of the DNA uracil repair system
The Central and Peripheral Nervous System