DQuestion 17 1 pts All of the following are true about first-time IFRS financial statements, except: O All historical summaries provided should be presented under IFRS. A discussion of the effects of the transition from previous GAAP to IFRS should be provided. O A reconciliation of comprehensive income from the amount reported under previous GAAP to the amount reported under IFRS should be presented for the date of transition to IFRS A reconciliation of equity from the amount reported under previous GAAP to the amount reported under IFRS should be presented for the date of transition to IFRS All of the above are false. Both a and c. arc falsc