Which Statement Is FALSE

question 115

Multiple Choice

Which statement is FALSE?

• A)International Financial Reporting Standards are used by many countries in the world.
• B)U.S.Generally Accepted Accounting Principles are used by many countries in the world.
• C)The Financial Accounting Standards Board is working with the International Accounting Standards Board to develop similar accounting standards.
• D)For many years,U.S.Generally Accepted Accounting Principles were considered to be the superior set of accounting standards in the world.

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Definitions:

Confidence

The belief in one's abilities or qualities.

Defensive Self-Esteem

A form of self-esteem characterized by a defensive attitude towards threats or criticism, often leading to aggression or withdrawal.

Criticism

The act of expressing disapproval or finding faults in something or someone, often including an analysis of weaknesses.

Self-Confidence

The belief in one's abilities and judgment, often reflecting a sense of self-esteem or self-assurance.