Which of the Following Statements Is FALSE

Which of the following statements is FALSE?

A) The Securities and Exchange Commission is investigating whether all U.S.public companies should adopt International Financial Reporting Standards.
B) The advantage of a uniform set of global accounting standards is that financial statements from a U.S.company will be comparable to those of a foreign company.
C) In the long run,a uniform set of global accounting standards will reduce the costs of doing business globally.
D) With a uniform set of global accounting standards,companies will have to produce multiple versions of their financial statements.