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:

Capillaries

Microscopic blood vessels in the tissues that permit exchange of materials between cells and blood.

Connective Tissue

Tissue that supports, binds together, or separates other tissues or organs, often containing collagen or other fibers.

Muscle Tissue

A body tissue that contracts to produce movement, including skeletal, smooth, and cardiac muscle types.

Capillary Walls

The thin, permeable walls of capillaries, the smallest blood vessels, which allow for the exchange of oxygen, carbon dioxide, nutrients, and waste between blood and surrounding tissues.