Question: Which statement is false? De jure refers to accounting regulations. De facto refers to accounting practices. GAAP is regarded as rules based. The level of

Which statement is false?
De jure refers to accounting regulations.
De facto refers to accounting practices.
GAAP is regarded as rules based.
The level of de facto harmonization is modest.
All are true.
 Which statement is false? De jure refers to accounting regulations. De

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