Question: Which of the following represents a difference in the classification of current liabilities between IFRS and U . S . GAAP? Question 4 Answer a
Which of the following represents a difference in the classification of current liabilities between IFRS and US GAAP?
Question Answer
a
Refinanced shortterm debt
b
Amounts payable on demand due to violation of debt covenants
c
Bank overdrafts
Bank overdrafts
d
All of the above
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