Canada Has Adapted Its Own Pre-Existing Standards for Public Companies

question 75

True/False

Canada has adapted its own pre-existing standards for public companies to IFRS, while the U.S has adopted IFRS completely.

---

Definitions:

Predefined Method

A function or procedure provided by a programming language or library, designed to perform a specific task.

Method Body

The Method Body in programming languages is the block of code within a method that defines what actions the method will perform.

Primitive Data Type

Primitive data type is a basic type of data provided by programming languages, such as int, float, and char, which represent numbers, characters, or boolean values.

Formal Parameter

A formal parameter is a variable used in a function or method definition, representing the inputs with which the function/method can work.