Which point supports the use of IFRS by U.S.public companies?
A)IFRS presents opportunities for global U.S.companies to lower costs through standardization of financial reporting,centralization of processes,improved controls,and better cash management
B)Adoption of IFRS results in improvements in liquidity,valuation for companies because the company can interpret the IFRS standards for their own benefits
C)U.S.companies' competitiveness are strengthened in global capital markets even though the use of IFRS may increase their cost of capital
D)IFRS is more attractive for public companies than non-public companies

Question

Quizplus · Accepted Answer

This point supports the use of IFRS by U.S. public companies by highlighting the potential benefits of cost reduction, improved processes, and better cash management through standardization of financial reporting.

Which Point Supports the Use of IFRS by U