7. International accounting and reporting standards (IFRS): A) are "promulgated" by the International Accounting Standards Board. B) are often the same as U.S GAAP, but not always. C) are sometimes applied in the preparation of the financial statements of U.S. companies, those U.S. companies have operations in foreign countries. D) All of the above are true.* E) None of the above is true. 8. The accounting and financial-reporting ("GAAP") guidance for pension plans and OPEBS is the responsibility of: A) the FASB. B) the IRS. C) the SEC. D) the PBGC. E) ERISA. 9. In the context of financial reporting, an "issuer" is: A) a federal, state or local tax authority. B) a publicly held corporation. C) a not-for-profit organization. D) a Wall Street financial analyst. pl Decoupe 3032 E) a company located in a country other than the United States. if Que