Business, 03.04.2020 18:55 presleyann1902
Companies that use IFRS: A. Must report all their assets on the statement of financial position (balance sheet) at fair value. B. May report property, plant, and equipment and natural resources at fair value C. May refer to a concept statement on estimating fair values when market data are not available D. May only use historical cost as the measurement basis in financial reporting
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