[Solved] The IASB and the FASB are working on a joint project that has an objective of developing a conceptual framework that leads to standards that are: A) rule-based and internally consistent. B) principle-based and internally consistent. C) rule-based and flexible in nature. D) principle-based and rigid in nature. Personal Information: Data that relates to an identifiable individual, including name, address, phone number, and often more sensitive data like health or financial details. Child Pornography: Illegal material that depicts minors in explicit sexual situations, which is prohibited and penalized under law. Pedophiles: Adults who are sexually attracted to prepubescent children, which is both a criminal and psychological issue. Innocent Partakers: Individuals who are unintentionally involved in or affected by actions or decisions made by others, often without having a direct role or guilt in the situation.