Which of the following is a correct statement with reference to the International Financial Reporting Standards (IFRS) ?
A) Accounting policy changes are not limited to those providing more relevant and reliable information.
B) Earnings per share information may be presented in the notes to the financial statements rather than on the income statement.
C) The statement of retained earnings is required.
D) To correct an error, financial information does not have to be restated retroactively if it is impractical to do so.
Correct Answer:
Verified
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C) earnings per
A)
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