To Create an Appropriate Mix of Members of the IASB

question 54

Multiple Choice

To create an appropriate mix of members of the IASB, since 2012 the board includes:

• A) eight auditors.
• B) eight academic representatives.
• C) four members of the FASB.
• D) a diverse geographical balance of members.

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Definitions:

One Year

A period consisting of 12 consecutive months.

Fewer Than

A comparative term indicating a smaller quantity or number of items, objects, or people.

Morbidity Rates

Indicate the number of people who suffer from particular illnesses per 100000 members of a population.

Life Expectancy

The average number of years an individual or demographic group is expected to live, based on a range of factors including genetics, lifestyle, and healthcare availability.