A company is preparing financial statements using IFRS for the first time for the year ended December 31, 2021. The "transition date" for reporting is
A) December 31, 2021.
B) December 31, 2020.
C) January 1, 2020.
D) January 1, 2021.
E) January 1, 2022.
Correct Answer:
Verified
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