Is the reporting of an extraordinary item, net of tax, allowed under U. S. GAAP and International Financial Reporting Standards (IFRS)（）
A: Yes, under both.
B: Yes, under IFRS, but not under U. S. GAAP.
C: Yes, under U. S. GAAP, but not under IFRS.
A: Yes, under both.
B: Yes, under IFRS, but not under U. S. GAAP.
C: Yes, under U. S. GAAP, but not under IFRS.
举一反三
- A foreigner's first impression of the U. S. is likely to be that everyone is in a________often under ________.
- Questions 16 to 20 are based on the following talk. A: Revising the alternative minimum tax. B: Under President Bush’s tax plan, the rise would be even steeper. C: Raising taxes: the current tax law is out of date. D: Simplifying U. S. taxes: it’s complex.
- 中国大学MOOC: The federal police mainly belong to two departments: ____1_____and the Department of Homeland Security. Under the guidance of the Ministry of Justice, there are____2____，______3____, US Marshal Service and _____4_____.Under the guidance of US Department of Homeland Security, there are U.S. ____5_____, U. S. Customs and Border Protection, U. S. Immigration and Customs Enforcement, U. S. Citizenship and Immigration Services, U.S. ____6______, ______7_____and _____8_____.
- Which of the following statements about inventory accounting is least accurate（） A: If a U. S. firm uses LIFO for tax reporting it must use LIFO for financial reporting. B: During periods of rising prices, FIFO based current ratios will be smaller than LIFO based current ratios. C: U.S. GAAP rules require the use lower of cost or market when reporting inventories.
- Who issues International Financial Reporting Standards? A: The IFRS Advisory Committee B: The stock exchange C: The International Accounting Standards Board D: The government