Research suggests that an individual's response to loss is ________.

A) about the same as response to gains
B) more intense than his or her response to gains
C) strongest when he or she is a consistent loser
D) strongest when he or she is a consistent winner

IFRS require which of the following that is not required by GAAP?

A) Detachable warrants must be reported separately.
B) Liabilities and equity valuation of a compound instrument must be combined and reported as a simple value.
C) Convertible debt must contain a separate valuation for both the debt and the option.
D) If an impairment loss increases, the amount must be reversed.