Differences Between IFRS and U

question 141

Multiple Choice

Differences between IFRS and U.S.GAAP include all of the following except

• A)reversal of inventory write-downs.
• B)extraordinary items.
• C)lease capitalization.
• D)research and development costs.

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Definitions:

REM Sleep

A stage of sleep characterized by rapid eye movements, more dreaming and bodily movement, and faster pulse and breathing.

Alcohol

A colorless volatile flammable liquid that is the intoxicating constituent of wine, beer, spirits, and other drinks, and also used as an industrial solvent and as fuel.

DSM-5

The Diagnostic and Statistical Manual of Mental Disorders, 5th Edition, a classification and diagnostic tool used by mental health professionals.

Gambling Disorder

Persistent and recurrent gambling despite harmful negative consequences or a desire to stop.