Which of the following is a true statement about InternationalFinancial Reporting Standards A They are not being applied anywhere in the world yet, butsoon they will be b They are converging gradually with U S standards c They are more exact (contain more rules) than U S generally accepted accounting principles d they considered to be the single strongest set of accountingstandards in the world

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Which of the following is a true statement about InternationalFinancial Reporting? Standards? A. They are not being applied anywhere in the world? yet, butsoon they

Which of the following is a true statement about InternationalFinancial Reporting? Standards?

They are not being applied anywhere in the world? yet, butsoon they will be.

They are converging gradually with U.S. standards.??

They are more exact? (contain more? rules) than U.S.generally accepted accounting principles.

they considered to be the single strongest set of accountingstandards in the world

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