Which of the Following Is NOT Considered GAAP in Mexico

question 26

Multiple Choice

Which of the following is NOT considered GAAP in Mexico?

• A)MIPA Bulletins
• B)MIPA Interpretations
• C)International Financial Reporting Standards
• D)NBSC Statements on Accounting Practice

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Definitions:

Millimeters

A unit of length in the metric system, equal to one thousandth of a meter.

Aperture

Aperture refers to the opening through which light enters in optical instruments, such as cameras and microscopes, and its size determines the amount of light that can pass through.

Iris Diaphragm

A component in optical devices used to control the amount of light that passes through a lens.

Ocular Lens

The lens within the eye that helps to focus light on the retina, allowing for clear vision.