Which of the following organizations does IFRS 8 not apply to?
A)Banks
B)Mutual life insurance companies
C)Private companies
D)Cooperative business enterprises

Name: Which of the following organizations does IFRS 8 not apply to? A)Banks B)Mutual life insurance companies C)Private companies D)Cooperative business enterprises
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Question

Quizplus · Accepted Answer

IFRS 8 applies to publicly traded entities, which includes banks, mutual life insurance companies, and cooperative business enterprises. Private companies are exempted from IFRS 8.

Which of the Following Organizations Does IFRS 8 Not Apply