What approach did Canada decide to take with respect to convergence with IFRSs:
A) harmonization with IFRS .
B) Substituting IFRSs for Canadian GAAP when approved by the IASB..
C) Adopting some but not necessarily all IFRSs by reviewing them on a case by case basis.
D) Reviewing them with all publically accountable entities to see which ones would be acceptable.
Correct Answer:
Verified
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