Which of the Following Is True

question 61

Multiple Choice

Which of the following is true?

• A) The accounting for treasury shares differs extensively between GAAP and IFRS.
• B) The IASB and FASB are presently studying how financial statement information should be presented.
• C) Share capital means total assets under IFRS.
• D) In the United States, the primary corporate shareholders are financial institutions.

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Definitions:

Discrimination

Unfair treatment or prejudice against individuals or groups based on characteristics such as race, gender, age, or sexual orientation.

Bona Fide Occupational Qualifications

Refers to the essential job qualifications that an employer can legally require, which can include a specific age, sex, religion, or national origin, if they are reasonably necessary to the normal operation of that particular business.

Race

A social construct used to categorize humans into large and distinct populations based on various factors including physical appearance, ancestry, culture, and history.

Human Resource Planning

The process used by organizations to ensure that they have the right number and kind of capable employees to meet their current and future business needs.