Which statement is not correct as of January 1, 2011?
A. Private enterprises may follow IFRS.
B. Private enterprises may follow ASPE.
C. Not-for-profit organizations may follow IFRS.
D. Government organizations must follow IFRS.
Answer:D
Which statement is not correct as of January 1, 2011?
A. Private enterprises may follow IFRS. B. Private enterprises may follow ASPE. C. Not-for-profit organizations may follow IFRS. D. Government organizations must follow IFRS.