If a Particular Transaction Is Not Specifically Addressed by IFRS

question 2

Multiple Choice

If a particular transaction is not specifically addressed by IFRS, where should an accountant turn to find a hierarchy of guidance to be considered in the selection of an accounting policy?

• A)accounting standards from other countries
• B)IAS 8
• C)the company's board of directors
• D)the company's external auditors

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Healthcare Agency

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Holmes Report

An annual publication providing analysis and insights into the global public relations industry, including trends, agency rankings, and best practices.

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A healthcare communications and public relations agency focused on client services in the healthcare and pharmaceutical sectors.

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The general perception or esteem in which a university is held based on factors such as academic quality, research output, and student experience.