What Group Is Primarily Responsible for the Creation of International

question 25

Multiple Choice

What group is primarily responsible for the creation of International Financial Reporting Standards (IFRS) ?

• A) Financial Accounting Standards Board (FASB)
• B) International Forum on Accountancy Development (IFAD)
• C) International Federation of Accountants (IFA)
• D) International Accounting Standards Board (IASB)

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Definitions:

Relationships

The way in which two or more people or things are connected, or the state of being connected.

Conflict

A struggle or clash between opposing forces, ideas, or interests, either internally within a person or externally between individuals, groups, or nations.

Thomas Nagel

An American philosopher known for his contributions to philosophy of mind, political philosophy, and ethics, particularly famous for the essay "What Is It Like to Be a Bat?".

Bat

A nocturnal, flying mammal, capable of echolocation, belonging to the order Chiroptera, known for their role in pollinating plants and controlling insect populations.