Quiz Ch 03 – T/F Approach to Financial Reporting: IFRS and GAAP

Fundamentals of Corporate Finance

Brealey, Myers, and Marcus

10th Edition

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True or false: Both IFRS and GAAP utilize a 'principles-based' approach in financial reporting.

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  • Search Terms: ⊚ true ⊚ false a approach as based” does financial gaap. ifrs more reporting to uses “principles
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