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From March 2010, the Principal Objectives of the International Accounting

question 18

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From March 2010, the principal objectives of the International Accounting Standards Board (IASB) include promoting the use and rigorous application of IFRSs and to bring about convergence of national accounting standards and IFRSs.


Definitions:

Levator Scapulae

A muscle located in the back and neck that functions to elevate the scapula (shoulder blade).

Scapula

Bone forming the shoulder blade.

Pectoralis Minor

A thin, triangular muscle located beneath the pectoralis major in the chest, contributing to movements of the shoulder.

Rhomboideus Major

A skeletal muscle on the back that connects the spine to the scapula, playing a key role in retracting and stabilizing the shoulder.

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