________ have more detailed rules than ________. A) IFRS; U.S. ...

[humphriesbr@me.com]

________ 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

[hanadaa]

Answer to Question 1

B

Answer to Question 2

False

[humphriesbr@me.com]

Wow, this really help

[mcabuhat]

Thanks for the timely response, appreciate it