The Accounting for Each of the Following Is the Same

question 184

Multiple Choice

The accounting for each of the following is the same under IFRS and GAAP except for

• A) changes in accounting estimates.
• B) discontinued operations.
• C) changes in accounting principles.
• D) IFRS and GAAP accounting is the same for each of the items.

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Definitions:

Discrimination Claim

A legal complaint asserting unequal treatment based on prohibited factors such as race, gender, age, or disability.

Prima Facie Case

A case in which the evidence before trial is sufficient to prove the case unless there is substantial contradictory evidence presented at trial.

ADA

The Americans with Disabilities Act, a civil rights law that prohibits discrimination against individuals with disabilities in all areas of public life.

Illegal Drugs

Substances whose manufacture, possession, or use is prohibited by law due to their potential for abuse or harm.