Which of the following is true regarding IFRS versus U.S.GAAP depreciation requirements?
A) IFRS require systematic and rational methods; GAAP requires systematic methods.
B) IFRS require systematic and rational methods; GAAP requires rational methods.
C) IFRS require systematic methods; GAAP requires systematic and rational methods.
D) IFRS require rational methods; GAAP requires systematic and rational methods.
Correct Answer:
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