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Lemur [1.5K]
3 years ago
11

Both IFRS and U.S. GAAP allow deferred taxes to be: presented as noncurrent on the balance sheet. measured using a substantially

enacted tax rate. recognized in equity after a fixed asset revaluation.
Business
1 answer:
lana66690 [7]3 years ago
6 0

Answer:

presented as noncurrent on the balance sheet.

Explanation:

GAAP is an acronym for Generally Accepted Accounting Principles, it was adopted by the U.S. Securities and Exchange Commission (SEC) and is the comprehensive accounting rules and standard used in recording and reporting financial information.

The IFRS is an acronym for International Financial Reporting Standards,International Financial Reporting Standards, it is a set of accounting rules that ensure financial statements are consistent, transparent and comparable globally.

Both IFRS and U.S. GAAP allow deferred taxes to be presented as noncurrent on the balance sheet.

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Saving money is a(n) ____________________, because it involves less consumption in the present, but the ability to consume more
Leto [7]
The correct answer is an <span>Intertemporal<span> choice.

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4 years ago
The La-Z-Boy furniture company collects information about a wide variety of competitive, economic, political, legal and regulato
Stells [14]

Answer:

b) environmental scanning.

Explanation:

Environmental scanning -

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This process require the person working for the organization to search for important lessons m threat and weakness and opportunities .

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7 0
3 years ago
Eggs, toilet paper, and candy bars are examples of what kind of good?
lawyer [7]
Its convenience goods
6 0
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Describe the final step in the adjusting process. The final step is to determine the correct balance of an account. The final st
Ket [755]

Answer:

The Final Step is 'post to a trial balance so financial statements can be prepared'

Explanation:

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3 years ago
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