Under IFRS and U

question 10

Multiple Choice

Under IFRS and U.S.GAAP,which one is not included when recycling occurs?

• A)Unrealized gains and losses on available-for-sale securities
• B)Unrealized gains and losses on effective cash flow hedges
• C)Unrealized gains and losses on goodwill
• D)Cumulative foreign currency translation adjustments

---

Definitions:

System of Authority

The organized and structured arrangement of power within a society, where rules and decisions are made.

Ideal Types

A concept developed by Max Weber, referring to an analytical framework that defines the purest version of a social phenomenon, without the influence of external factors.

Max Weber

A German sociologist, philosopher, and political economist known for his theories on the rationalization of society and his analysis of the structure of authority.

Theorist

An individual who formulates theories or hypotheses in a specific field of study, making contributions to academic and practical knowledge.