What choice(s) do private enterprises have in their financial reporting in Canada?

A) They have no choice at all; they will need to report under IFRS.
B) They may adopt accounting principles that are appropriate to the circumstances.
C) They may elect to continue with differential reporting.
D) They may elect to report under either IFRS or ASPE.


D) They may elect to report under either IFRS or ASPE.

Business

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Which of the following is true about an optimize position strategy?

A) It is used for maximizing profits and cash flow as a business slowly exits a product-market. B) It is usually used by a business when the growth potential is limited and competitive position is set. C) It is an offensive strategic market plan that seeks to improve a business's competitive position in an attractive segment of the market. D) It involves making a conscious effort to increase customer base in order to reach a more profitable level of business. E) It requires a large investment in marketing resources.

Business

The objective of a ________ communication strategy is to motivate channel intermediaries to carry a particular product or brand and, in this way, make it more available to consumers

A) push B) pull C) pulsing D) lateral E) heavy-up

Business

Which one of the following statements is TRUE?

A. Asset switching occurs when a company borrows money for a safe investment but uses it for a risky investment. B. An example of an agency cost is when the board of directors pays a dividend to shareholders.  C. An example of an agency cost is when an attorney hires an expert witness for a trial. D. The commission required by the Federal Housing Agency for a small business loan is an example of an agency cost. E. An example of an agency cost is the salary of the agent hired to work for the principal.

Business

Fifty percent of U.S. managers either resign or are fired within 18 months of a foreign takeover.

Answer the following statement true (T) or false (F)

Business