Final answer:
The claim that the units-of-production method is not allowed under IFRS is false (B); both IFRS and U.S GAAP allow this method as well as others for depreciation.
Step-by-step explanation:
The statement that IFRS permits the same depreciation methods as U.S GAAP, with the exception of the units-of-production method, which is not allowed under IFRS, is false. Both IFRS and U.S GAAP allow for several depreciation methods, including the straight-line method, diminishing balance method, and the units-of-production method.
It is a common misconception that the units-of-production method is not permitted under IFRS; however, this is not correct as IFRS does indeed permit this method. It is important for companies to choose a method that most accurately reflects the expected pattern of consumption of the asset's future economic benefits.