1. Compliance with the IFRS is enforced by:
a. FASB, b. government regulators, c. IAS, or d. IASB
2. Under IFRS unrealized holding gains and losses on
held-for-trading equity investments of less than 20 percent are
recorded in _____, and unrealized holding gains and losses on
non-trading equity investments of less than 20 percent are recorded
in _______.
a. net income; net income. b. net income; other comprehensive
income. c. other comprehensive income; net income. d. other
comprehensive income; other...