Quiz 18.136 – Comparison of Terminologies in U.S. GAAP and IFRS Financial Statements

Intermediate Accounting

Spiceland, Nelson, and Thomas

10th Edition

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Which of the following terms is more commonly used in financial statements prepared according to U.S. GAAP compared to IFRS?

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  • Search Terms: accordance accumulated asset associated comprehensive financial following gaap in income. international is more of or ordinary other phrases premium. d) prepared reporting reserve. c) revaluation share shares. b) standards? a) statements terms than the those u.s. which with
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