A procedural programming language focuses on a sequence of activities. An object$-$oriented language is

designed around objects that can respond to inputs from users.

a$.$ True

b$.$ False

$($Consider the intercompany sale of a depreciable asset at a gain for the selling entity where the consolidated group uses IFRS.$)$

The consolidated statements will report the carrying amount of depreciable assets and annual depreciation expense as if the intercompany sale never happened.

$$ True

$$ False