Question
International accounting 6. Which method is not allowed in US GAAP but is in IFRS? Revaluations of property plant and equipment. Revaluations of Equity Both
International accounting
6.
Which method is not allowed in US GAAP but is in IFRS?
| Revaluations of property plant and equipment. |
| Revaluations of Equity |
| Both a and b. |
| Revaluation of bad debts. |
| None of the answers apply |
7.
The section in Sarbanes Oxley that requires assessment of internal controls.
| 301 |
| 302 |
| 304 |
| 404 |
| None of the answers apply. |
8.
The section in Sarbanes Oxley that requires CEO and CFO to certify each quarterly and annual financial report.
| 301 |
| 302 |
| 304 |
| 404 |
| None of the answers apply. |
9.
Rules for filing annual financial statements that are submitted to the SEC are contained in _____.
| Codification |
| FASB pronouncements |
| regulation SX and SK |
| PCAOB prononcements |
| None of the answers apply. |
10
Rules for filing annual financial statements that are submitted to the SEC are contained in _____.
| Codification |
| FASB pronouncements |
| regulation SX and SK |
| PCAOB prononcements |
| None of the answers apply. |
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International Accounting
Authors: Timothy Doupnik, Hector Perera
3rd Edition
978-0078110955, 0078110955
