Which Point Supports the Use of IFRS by U

question 3

Multiple Choice

Which point supports the use of IFRS by U.S.public companies?

• A)IFRS presents opportunities for global U.S.companies to lower costs through standardization of financial reporting,centralization of processes,improved controls,and better cash management
• B)Adoption of IFRS results in improvements in liquidity,valuation for companies because the company can interpret the IFRS standards for their own benefits
• C)U.S.companies' competitiveness are strengthened in global capital markets even though the use of IFRS may increase their cost of capital
• D)IFRS is more attractive for public companies than non-public companies

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