Most companies located outside the United States follow the standards for prepararation and presentation of financial statements that are known as the
A) United Nations Principles for Accounting (UNPAs) .
B) International Financial Reporting Standards (IFRSs) .
C) World Bank Standards for Financial Statements (WBSFSs) .
D) Principles of the European Union for Accounting (PEUAs) .
Correct Answer:
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