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Which of the following is true about the adoption of accounting standards in Canada? a) Public companies can choose to use either IFRS or ASPE.

Which of the following is true about the adoption of accounting standards in Canada?

a) Public companies can choose to use either IFRS or ASPE.

b) Private companies are required to use IFRS.

c) Private companies are required to use ASPE.

d) Private companies can choose to use either IFRS or ASPE.

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