A company that prepares its financial statements according to International Financial Reporting Standards can use all of the same inventory valuation methods as a company that prepares its statements under U.S.GAAP.

Name: A company that prepares its financial statements according to International Financial Reporting Standards can use all of the same inventory valuation methods as a company that prepares its statements under U.S.GAAP.
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The Answer is False

A Company That Prepares Its Financial Statements According to International