What set of standards must companies listed on the stock exchange in the United Kingdom use for consolidated financial statements?
A. K. GAAP
B. K. GAAP or U.S. GAAP
C. IFRS standards adopted by the European Union
D. There is no specific requirement.
Answer:C
What set of standards must companies listed on the stock exchange in the United Kingdom use for consolidated financial statements?
A. K. GAAP B. K. GAAP or U.S. GAAP C. IFRS standards adopted by the European Union D. There is no specific requirement.