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IFRS and US GAAP are different because: A. IFRS is more rules based and US GAAP is more principles based B. IFRS is more principles
IFRS and US GAAP are different because:
A. IFRS is more rules based and US GAAP is more principles based
B. IFRS is more principles based and US GAAP is more rules based
C. IFRS is more prescriptive and US GAAP is more descriptive
D. IFRS is more objective and US GAAP is more subjective
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