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Which of the following statements is not true? a.Both public and private corporations issue shares. b.All private corporations are small. c.Public corporations must use International

Which of the following statements is not true?

a.Both public and private corporations issue shares.

b.All private corporations are small.

c.Public corporations must use International Financial Reporting Standards.

d.Private corporations can choose to use either International Financial Reporting Standards (IFRS) or Accounting Standards for Private Enterprises (ASPE).

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