When comparing U.S.GAAP and IFRS, regarding the level of details in the standards and the level of disclosure required, which of the following is correct? 
Definitions:
GLOBE Project
A research initiative that examines the impact of culture on societal, organizational, and leadership effectiveness across the world.
Local Compensation Issues
Challenges related to providing fair and competitive wages that accommodate the cost of living and labor laws in specific locations.
Multinational Corporations
Large businesses that operate and have assets in multiple countries, managing production or delivering services in various international locations.
Hardship Premium
Additional compensation provided to employees who are assigned to work in locations where living conditions are considered more difficult or hazardous than in their home country.
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