IFRS oversees the accounting standards for: Multiple Choice O governments only. international businesses only. publicly

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IFRS oversees the accounting standards for: Multiple Choice O governments only. international businesses only. publicly

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IFRS oversees the accounting standards for: Multiple Choice O governments only. international businesses only. publicly traded companies. private companies only.
For private companies, the application of accounting rules under IFRS is: Multiple Choice O compulsory. a statutory requirement. illegal. optional.
For a public company in Canada following IFRS, values of the asset are reported on a: Multiple Choice historical basis. market basis. receipt only basis. original cost basis.
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