Which statement is correct?

a$.$

The normal practice in Canada is that within each current and noncurrent SFP segment, assets are presented in the descending order of liquidity.

b$.$

IFRS prescribes an ascending order of liquidity presentation within each of the current and noncurrent classifications.

c$.$

Some types of entities do not use a current$/$noncurrent classification at all and there is no prescribed order of liquidity.

d$.$

In many other countries, the order of presentation is consistent with the Canadian practice.