PLEASE ANSWER BOTH QUESTIONS !!

1 AND 2 PLEASE!!

Both IFRS and GAAP require a complete set of financial statements to include all of the following except: a. Consolidation worksheet. b. a statement of earnings or income statement. c. a statement of financial position or balance sheet d. a statement of cash flows. e. a statement of stockholders' equity. Why are IFRS tested on CPA uniform exam? a. Because IFRS are subordinate to U.S. GAAP b. Because IFRS are superior c. To avoid political conflict among countries in the world d. As part of the process of converging IFRS with U.S. GAAP