In deciding whether the U.S. should adopt IFRS, the issue the SEC said should be considered is
A) whether IFRS is sufficiently developed and consistent in application.
B) whether the IFRS is established for the benefit of investors.
C) the impact of a switch to IFRS on U.S. laws and regulation.
D) all of these answer choices are correct.

Question

Quizplus · Accepted Answer

The SEC has indicated that all these factors should be considered when deciding whether the U.S. should adopt IFRS, including its development, consistency, investor benefits, and impact on U.S. laws and regulations.

In Deciding Whether the U