Which of the following is TRUE regarding the convergence between US GAAP and IFRS?

a The main justification for IFRS and US GAAP convergence was a drastic difference between two standards in all of the transactions

b Convergence will be achieved when the differences in the way GAAP and IFRS account for and report transactions are eliminated.

c Convergence will be achieved when IFRS and US GAAP will be completely eliminated and instead the new, superior quality single globally accepted accounting standard will be set up.

d While convergence is not attainable in the nearest future, the goal to keep US GAAP and IFRS as comparable as possible is still in the FASB and IASB agendas.