Steven_Elseroad

[Steven_Elseroad]

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This is a poorly worded question. There is no mention of what reporting standard is being used (IFRS or US GAAP), which would make a difference in many cases. 

[Steven_Elseroad]

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Hey Everyone,

I am a grad school student in Birmingham, AL at Samford University. I am registered for the December Level 1 exam. Glad to see so many others are joining me in trying to pass the first exam!

[Steven_Elseroad]

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misread the question. “Correct” and “incorrect” is a big difference. 

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