Canadian corporations are prohibited from using U.S. GAAP.
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Q11: In Canada, almost all equity financing for
Q12: Private companies in Canada may choose between
Q13: Privately held, publicly accountable companies with a
Q14: A company's functional currency is always the
Q15: A company's functional currency is the currency
Q17: IFRS standards may be modified to allow
Q18: Canada has adapted its own pre-existing standards
Q19: Income tax deferral is illegal in Canada.
Q20: Earnings quality is said to be high
Q21: Cash flow prediction is a common internal
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