Once the buyer receives the seller disclosure statement, how many days does she have for deciding whether to rescind the purchase and sales agreement?

Which of the following statements about IFRS for inventory accounting is not true?

a. IFRS provide more limited guidance than GAAP for inventory accounting. b. IFRS allows reversals of write-downs up to the amount of the previous write-down. c. IFRS prohibits the use of LIFO. d. IFRS defines market value as replacement cost subject to the constraints of a ceiling and floor.

Multiple data marts are combined and streamlined to create a data warehouse

Indicate whether the statement is true or false