IFRS requires the use of
A) the term balance sheet.
B) the term statement of financial position.
C) neither balance sheet nor statement of financial position but recommends use of the term balance sheet.
D) neither balance sheet nor statement of financial position but recommends use of the term statement of financial position.

Question

Quizplus · Accepted Answer

The Answer of IFRS requires the use of
A) the term balance sheet.
B) the term statement of financial position.
C) neither balance sheet nor statement of financial position but recommends use of the term balance sheet.
D) neither balance sheet nor statement of financial position but recommends use of the term statement of financial position.

IFRS Requires the Use of