Indicate whether each statement is true or false

Indicate whether each statement Is true or false: 1. teCPACaeda Pat II, haw equal Canada for finandd reporthg. In a needs externd users have rn trpad on the company's finandal reporting 3. prepare tteir arnud mandd statements Cdladid'i dollars. 4. e by the Cd"ada Business CorporatmsAd TtB deu sexies a private convaw be taded on ptilic exchanges. Therefore, mrtvzies have enernd sources 6. rrzy e a big bath" in a loss year if management wishes to maximize future eamings. 7. nuy use a disclosed basis of accouting for external public financial reporting. prinwy reporfig objective is cash flow assessment, the enterprise will use a cash 8. bas tsan an accrual basis. 9. rnay use IFRS. TtE IASB reve tansnational corporations to use IFRS.