Question: Which of the following represents a difference in the classification of current liabilities between IFRS and U.S. GAAP? A. Refinanced short-term debt B. Amounts payable
Which of the following represents a difference in the classification of current liabilities between IFRS and U.S. GAAP?
A. Refinanced short-term debt
B. Amounts payable on demand due to violation of debt covenants
C. Bank overdrafts
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