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 96 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


essyface1

  • Member
  • Posts: 347
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

Giardia is one of the most common intestinal parasites worldwide, and infects up to 20% of the world population, mostly in poorer countries with inadequate sanitation. Infections are most common in children, though chronic Giardia is more common in adults.

Did you know?

When Gabriel Fahrenheit invented the first mercury thermometer, he called "zero degrees" the lowest temperature he was able to attain with a mixture of ice and salt. For the upper point of his scale, he used 96°, which he measured as normal human body temperature (we know it to be 98.6° today because of more accurate thermometers).

Did you know?

There are more nerve cells in one human brain than there are stars in the Milky Way.

Did you know?

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

Did you know?

Pink eye is a term that refers to conjunctivitis, which is inflammation of the thin, clear membrane (conjunctiva) over the white part of the eye (sclera). It may be triggered by a virus, bacteria, or foreign body in the eye. Antibiotic eye drops alleviate bacterial conjunctivitis, and antihistamine allergy pills or eye drops help control allergic conjunctivitis symptoms.

For a complete list of videos, visit our video library