Which of the following are the same under both GAAP and IFRS?
A) The account.
B) Debit and credit rules.
C) Steps in the recording process.
D) All of these answer choices are correct.

Name: Which of the following are the same under both GAAP and IFRS? A) The account. B) Debit and credit rules. C) Steps in the recording process. D) All of these answer choices are correct.
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Question

Quizplus · Accepted Answer

All of the steps in the recording process are the same under both GAAP and IFRS.

Which of the Following Are the Same Under Both GAAP