Which of the following statements is true for both IFRS and U.S. GAAP?

a. In the liabilities and shareholders' equity section, liabilities are listed first, followed by shareholders' equity.

b. A company must disclose dividends that have been proposed but not formally approved for payment.

c. Required notes to the financial statements include its accounts policies, narrative descriptions of financial statement items, and contingencies.

d. Typically, noncurrent assets are presented first, followed by current