Certain differences exist between IFRS and U.S. GAAP financial statement reporting. Which of the following is false?
A) ?IFRS presents a different ordering of the liabilities and shareholders' equity sections.
B) ?IFRS allows the upward revaluation of property, plant, and equipment.
C) ?IFRS does not require a statement of cash flows.
D) ?IFRS financial statements are similar to U.S. GAAP.
C
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Dividends are deductions from stockholders' claims on retained earnings and are shown on the statement of retained earnings
Indicate whether the statement is true or false
A sewing machine has a mean time between failures of 296 hours and mean time to repair of 11 hours. In this case, the availability is ______.
a. 96.4% b. 92.1% c. 89.3% d. 78.9%
Costs that are constant regardless of changes in the level of project activities best defines
A) variable costs. B) intangible costs. C) indirect costs. D) fixed costs.
Requirement of union shop agreement is that, after being hired by employer, employees should join union within:? A) ?thirty days
B) forty days.? C) forty five days.? D) ?sixty days.