Quiz na which the follow the pronty counder the Nord Agreement? 1 2. Select one: 10 Fin a. Keep the difference between the US GAAP and IFRS b. To continue progress on the join projects that were currently being undertaken T T O c. To encourage their respective interpretative bodies to coordinate their activities O d. To undertake a short-term project aimed at removing a variety of individual differences between the US GAAP and IFRS out of Jeston Select one: a. The existing financial reporting standards of the FASE IASB would become fully compatible in next 50 years b. The existing financial reporting standards of the FASB and the IASB would become fully compatible as soon as practicable c. The existing financial reporting standards of the FASB and the IASB does not need to be compatible O d. GAAP and IFRS do not need to be aligned Clear my choice tion 2 Which of the following is not the benefit of IFRS adoption to corporate bodies and accountants? er saved out of question Select one: a. Communications with other companies using IFRS will be improved b. Auditing of multinational companies will be harder O c. Business transactions should become easier O d. Companies will require a considerable input of accounting knowledge and experience to make the switch to IFRS Clear my choice tion 2 Which of the following is not the benefit of IFRS adoption to corporate bodies and accountants? er saved out of question Select one: a. Communications with other companies using IFRS will be improved b. Auditing of multinational companies will be harder O c. Business transactions should become easier O d. Companies will require a considerable input of accounting knowledge and experience to make the switch to IFRS Clear my choice Select one: a Promoting the use and vigorous application of those standards b. Ensuring that published financial statements comply with FASB in all material respects O c. Bringing about convergence of national accounting standards and IASs to high-quality solutions d. Developing in the public interest, a single set of high-quality, understandable, and enforceable global accounting standards Quiz na which the follow the pronty counder the Nord Agreement? 1 2. Select one: 10 Fin a. Keep the difference between the US GAAP and IFRS b. To continue progress on the join projects that were currently being undertaken T T O c. To encourage their respective interpretative bodies to coordinate their activities O d. To undertake a short-term project aimed at removing a variety of individual differences between the US GAAP and IFRS out of Jeston Select one: a. The existing financial reporting standards of the FASE IASB would become fully compatible in next 50 years b. The existing financial reporting standards of the FASB and the IASB would become fully compatible as soon as practicable c. The existing financial reporting standards of the FASB and the IASB does not need to be compatible O d. GAAP and IFRS do not need to be aligned Clear my choice tion 2 Which of the following is not the benefit of IFRS adoption to corporate bodies and accountants? er saved out of question Select one: a. Communications with other companies using IFRS will be improved b. Auditing of multinational companies will be harder O c. Business transactions should become easier O d. Companies will require a considerable input of accounting knowledge and experience to make the switch to IFRS Clear my choice tion 2 Which of the following is not the benefit of IFRS adoption to corporate bodies and accountants? er saved out of question Select one: a. Communications with other companies using IFRS will be improved b. Auditing of multinational companies will be harder O c. Business transactions should become easier O d. Companies will require a considerable input of accounting knowledge and experience to make the switch to IFRS Clear my choice Select one: a Promoting the use and vigorous application of those standards b. Ensuring that published financial statements comply with FASB in all material respects O c. Bringing about convergence of national accounting standards and IASs to high-quality solutions d. Developing in the public interest, a single set of high-quality, understandable, and enforceable global accounting standards