For which of the following reporting issues has the FASB adopted substantially the same approach as the IASB?

Total variable costs increase when the cost-driver level increases in the relevant range

Indicate whether the statement is true or false

In order for the CISG to apply, the following conditions must be met except:

a. parties' places of business are in two different countries. b. the contract is for the commercial sale of goods. c. the parties must have designated the CISG as the applicable law. d. the parties' places of business are located in countries that have ratified the convention.