IFRS Differ from U

question 9

Multiple Choice

IFRS differ from U.S.GAAP regarding the indirect effects of a change in accounting principle in that IFRS

• A)do not specify when the indirect effects should be reported or what disclosures are required
• B)do not specify when the indirect effects should be reported
• C)do not specify what disclosures are required
• D)specify when the indirect effects should be reported and what disclosures are required

---

Definitions:

Longus Capitis

A muscle in the neck that aids in flexing the head and neck forward, contributing to head movement and stability.

Palatopharyngeus

A muscle of the pharynx which plays a role in swallowing by helping close the nasopharynx and elevating the pharynx.

Sternocleidomastoid

A muscle in the neck that plays a key role in the movement of the head.

Temporalis

A broad, fan-shaped muscle on each side of the head that is involved in chewing and helps to close the jaw.