Which of These Is Not a Reason Why Inconsistencies Have

question 12

Multiple Choice

Which of these is not a reason why inconsistencies have arisen between the Framework and IAS 139 Financial Instruments: Recognition and Measurement?

• A)The complexity of the standard
• B)Areas where the Framework provides inadequate guidance
• C)The lack of any possible solutions to issues dealt with by the standard that would be consistent with the Framework
• D)All of the above

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Definitions:

Maturation of Personality

The process by which an individual's personality traits become more stable and pronounced over time due to aging and life experience.

Higher Conscientiousness

Exhibiting an increased level of the trait characterized by organization, dependability, and carefulness.

Social Investment Theory

A psychological theory suggesting that as individuals mature, they invest more in their social roles, which leads to an increase in conscientiousness and stability.

Longevity

The duration of an individual's life, often used in discussions about factors that contribute to a long and healthy life.