Which of the following is correct regarding the provisions of IAS No. 8 on accounting changes and error corrections?
a. IAS No. 8 requires that correction of an error be made only by restatement of all prior periods presented.
b. IAS No. 8 requires correction of an error to be made only by reflecting the effect of the correction in income of the period in which the error was discovered without restating previously reported results.
c. IAS No. 8 allows correction of an error to be made either through restatement of all period periods presented or by reflecting the effect of the correction in income of the period in which the error was discovered without restating previously reported results.
d. IAS No. 8 reflects a preference for not restating prior results in reporting accounting changes and error corrections.
C
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If Rachel invests $1700 today in an account that pays 6 percent interest compounded annually, how long will it take for her to accumulate $6,500 in her account? Use a financial calculator to determine the amount.?
A. 23.02 years? B. ?18.50 years C. ?20.52 years D. ?16.89 years E. ?25.65 years
Please identify the letter of the choice that best matches the situation described below.
A. compare the current state to the goal state B. document your results C. train someone else to monitor the solution D. consider how long your decisions will affect the organization E. stress the system and see if you still have the desired results
Describe how foreign trade zones can be used to benefit companies.
What will be an ideal response?
Briefly describe what benchmarking does
What will be an ideal response?