35) Differences between IFRS and U.S. GAAP include all of the following except: 35) A) Reversal of inventory write-downs. B) Carrying value of investment property. C) Revenue recognition. D) Research and development costs. 29) The Financial Accounting Standards Board has responsibility for the establishment of U.S. accounting standards and: A) full statutory power to enforce compliance with GAAP. 29) B) authority from the SEC to enforce compliance with GAAP. C) no authority or responsibility to enforce compliance with GAAP