All of the following statements are true except

a.IFRS require companies to present classified balance sheets.

b.under IFRS, an unclassified balance sheet based on the order of liquidity is acceptable only when it provides more reliable information than a classified one.

c.U.S. standards do not require a classified balance sheet.

d.U.S. standards require a classified balance sheet with liabilities in order by size or by order of liquidity.