Which of the following statements is correct with respect to Canadian and American standards of accounting disclosure?
A) In general,pronouncements in the United States are more detailed,while those in Canada tend to rely more on professional judgement.
B) In general,pronouncements in the United States are less detailed,while those in Canada tend to rely more on professional judgement.
C) In general,pronouncements in the United States are more detailed,while those in Canada tend to rely less on professional judgement.
D) In general,pronouncements in the United States are less detailed,while those in Canada tend to rely less on professional judgement.
Correct Answer:
Verified
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