Why Might a Large Private Company Choose to Use Full

question 30

Multiple Choice

Why might a large private company choose to use full IFRS?

• A)Its assets exceed $10,000,000.
• B)It only uses debt financing.
• C)It only uses equity financing.
• D)It competes with public companies for financing.

---

Definitions:

Accidental Touches

Unintended physical contact between individuals, which can occur in various contexts and may convey different messages or emotions based on the situation.

Intentional Behavior

Actions that are performed with awareness and purpose, often aimed at achieving a specific goal.

Goal-Directed Behavior

Behavior that is oriented towards achieving a specific objective, showcasing the ability to identify, plan, and execute actions that lead to the attainment of a goal.

Substage

A division within a larger stage or phase, often used to categorize specific periods or steps in a process or development.