Going Forward, There Will Be Two Sets of Accounting Standards

question 23

True/False

Going forward, there will be two sets of accounting standards for Canadian for profit companies.

---

Definitions:

Comment Lines

Lines within a codebase meant for documentation purposes, ignored by the compiler or interpreter, that explain the logic or functionality of the following code.

Visual Basic Editor

An integrated development environment (IDE) from Microsoft used for editing Visual Basic and Macro code.

Comments

Annotations or explanatory notes added to code or documents for the purpose of making the content clearer to the subsequent readers or users.

Macro

A sequence of instructions that automates complex tasks into a single command or action.