Which of the following is a true statement about international financial reporting standards?

Which of the following is a true statement about International
Financial Reporting​ Standards? A. They are not being applied anywhere in the world​ yet, but soon
they will be. b. They are converging gradually with U.S. standards. c. They are more exact​ (contain more​ rules) than U.S. generally
accepted accounting principles. d. they considered to be the single strongest set of accounting
standards in the world

They are converging gradually with U.S. standards.
U.S. GAAP (Generally Accepted Accounting Principles) are gradually converging with International Financial Reporting​ Standards.
The Securities and Exchange Commission (SEC) in U.S. is working actively for convergence.
Option B is correct