Disclosure of the Date That Financial Statements Are Authorized for Issue

question 32

Multiple Choice

Disclosure of the date that financial statements are authorized for issue is

• A)mandatory if the company follows private entity GAAP
• B)mandatory if the company follows IFRS
• C)mandatory under either private entity GAAP or IFRS
• D)None of these

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Definitions:

1969

The year notable for significant events in history such as the first human landing on the Moon by Apollo 11 and the Woodstock music festival.

DSL Modems

Devices that connect computers to the internet via telephone lines, allowing for digital data transmission.

Voice Telephones

Telecommunication devices that transmit and receive sound, most commonly voice, across distances.

Coaxial Cable

A type of electrical cable consisting of a central conductor surrounded by an insulating layer and an outer conducting shield, used for transmitting television, internet, and other data signals.