What Is a Possible Danger If Politics Plays Too Big

question 15

Multiple Choice

What is a possible danger if politics plays too big a role in developing IFRS?

• A) Financial reporting standards that are issued that are not truly generally accepted.
• B) Individuals may influence the standards.
• C) User groups become active.
• D) The IASB delegates its authority to elected officials.

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Definitions:

Mosaic Development

A rigid developmental pattern in which the fates of cells become restricted early in development. Compare with regulative development.

ABC Genes

Genes that play a crucial role in the development and determination of the floral organ's identity in plants.

Homeotic Genes

Genes that control the developmental fate of cells and thus the morphology of body parts in organisms.

Arabidopsis

A model organism in plant biology and genetics, specifically the small flowering plant Arabidopsis thaliana.