Which Statement Is Not Correct

question 55

Multiple Choice

Which statement is not correct?

• A)Private enterprises may follow IFRS.
• B)Private enterprises may follow ASPE.
• C)Not-for-profit organizations may follow IFRS.
• D)Government organizations must follow IFRS.

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Definitions:

Group Distancing

The process by which individuals or groups distance themselves from other groups, especially those considered to be of lower status or incompatible.

Self-Esteem

Self-esteem is the subjective evaluation of one's own worth, including feelings of confidence, competence, and self-respect.

Death Anxiety

The fear or apprehension about the inevitability of death and the uncertainty surrounding it.

Uncertainty

The state of being unsure or having doubts, often marked by a lack of definite knowledge, information, or conclusions.