|
Title: With regard to recording transactions which of the following is true pertaining to International ... Post by: harra on Sep 19, 2017 With regard to recording transactions which of the following is true pertaining to International Financial Reporting Standards (IFRS) and Accounting Standards for Private Enterprises (ASPE)?
A) IFRS requires double-entry accounting; ASPE requires cash-basis accounting. B) IFRS requires the use of trial balances to prepare financial statements; ASPE requires that financial statements are prepared directly from the accounts. C) ASPE requires double-entry accounting; IFRS requires cash-basis accounting. D) IFRS and ASPE both record transactions with debit and credit entries. Title: Re: With regard to recording transactions which of the following is true pertaining to International ... Post by: migrod on Sep 19, 2017 Content hidden
|