For foreign companies that issue securities in the United States to raise capital, the SEC
A) requires these companies to file form 20-F which reconciles certain amounts reported in their financial statements with US GAAP.
B) accepts all financial statements that use IFRS.
C) accepts only financial statements that are fully stated under US GAAP.
D) accepts financial statements from foreign companies that use English-language IFRS without exception.
Correct Answer:
Verified
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