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Which of the following best describes the extent to which the SEC requires or permits the use of IFRS by U.S. public companies? Multiple Choice

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Which of the following best describes the extent to which the SEC requires or permits the use of IFRS by U.S. public companies? Multiple Choice US public companies are neither required nor allowed to use IFRS U.S. public companies may choose between IFRS and US GAAP U.S public companies may use IFRS, but must also provide a reconciliation to U S. GAARP U.S. public companies are required to use IFRS 9

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