Accounting: Tools for Business Decision Making, 5th Edition

Published by Wiley
ISBN 10: 1118128168
ISBN 13: 978-1-11812-816-9

Chapter 2 - A Further Look at Financial Statements - Questions - Page 74: 17

Answer

Yes, he is correct.

Work Step by Step

In many countries have been adopted International Accounting standards, and have also decided either to create standards that are based on international standards or to adopt international standards.
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