Which of the Following Groups Is Responsible for Translating International

question 34

Multiple Choice

Which of the following groups is responsible for translating International Financial Reporting Standards into languages other than the official language of the IASB?

• A) The International Accounting Standards Board
• B) The International Accounting Standards Committee Foundation
• C) The United Nations
• D) The national accountancy bodies of individual countries

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Definitions:

Extended Family

A family unit that extends beyond the nuclear family, including grandparents, aunts, uncles, and other relatives who may not live in the same household.

Divorce Rates

indicate the proportion of marriages that end in divorce within a specific population or time frame, often used as an indicator of societal changes in attitudes towards marriage.

Live Together

A living arrangement in which two or more people share a residence without being married or related to each other.

Marriage

A legally or culturally recognized union between two people, often based on a personal relationship and intended for companionship, support, and, in some cases, procreation.