Differences that currently exist between IFRS and U.S. GAAP with regard to the presentation of information on the income statement include all of the following except
A) different acceptable terminology relating to revenue items.
B) depreciation measures differ when equipment has been revalued.
C) different performance measures such as EBITDA are permitted under IFRS.
D) differences resulting because IFRS does not require the use of accrual accounting under the historical cost framework.
D
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