Which of the following is true?

1. a) The Financial Accounting Standards Board has never permitted the disclosure of the fair values of noncurrent operating assets in the notes to financial statements

2. b) The SEC currently requires the disclosure of the fair values of noncurrent operating assets

3. c) The Financial Accounting Standards Board currently requires the disclosure of the fair values of noncurrent operating assets in the notes to the financial statements

4. d) Disclosure of the fair values of noncurrent operating assets in the notes to the financial statements is currently encouraged but not required by the Financial Accounting Standards Board

Answer rating: 100% (QA)

Answer is D Disclosure of the fair values of noncurrent operating assets in the notes to the financi... View the full answer