The number of countries preparing financial reports using global accounting standards is:
A) less than 50.
B) between 50 and 75.
C) between 100 and 120.
D) more than 120.

Question

Quizplus · Accepted Answer

As of August 2021, there are over 140 countries using International Financial Reporting Standards (IFRS), which are global accounting standards. Therefore, the correct answer is D: more than 120.

The Number of Countries Preparing Financial Reports Using Global Accounting