Which of the following are the same under both GAAP and IFRS?
A) The journal.
B) The ledger.
C) The chart of accounts.
D) All of these answers are correct.
IFRS.

Name: Which of the following are the same under both GAAP and IFRS? A) The journal. B) The ledger. C) The chart of accounts. D) All of these answers are correct. IFRS.
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Question

Quizplus · Accepted Answer

All of these are the same under both GAAP and IFRS, as they are basic accounting concepts and practices that are universally accepted and used in financial reporting.

Which of the Following Are the Same Under Both GAAP