Which of the Following Private Companies Is Required to Use

question 3

Multiple Choice

Which of the following private companies is required to use IFRS?

• A)Investment company
• B)Import/export company
• C)Manufacturing company
• D)Accounting firm

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Definitions:

Bell Telephone Company

An early American telephone company founded by Alexander Graham Bell, which eventually became AT&T, playing a key role in the development and expansion of telecommunications in the United States.

Western Union

A financial services and communications company known for its money transfer services.

AT&T

An American multinational conglomerate holding company that provides communications and digital entertainment services.

Material Elements

Physical components or substances that make up objects or environments.