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What means that zyx

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Problem 1: ZYX Corporation states, in the notes to its 2019 financial statements, that it refinanced some of its long-term debt early in 2020, before the financial statements were issued. The debt continues to be classified as non-current on the 2019 statement of financial position. That means that ZYX:

1- prepared its financial statements using IFRS

2- prepared its financial statements using ASPE

3- may have prepared its financial statements under either IFRS or ASPE

4- is a going concern.

Reference no: EM132674364

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