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:

Behavior

Refers to the actions or reactions of an individual, in response to external or internal stimuli, visible to others.

Social Psychologists

Researchers or practitioners who specialize in studying how individuals' thoughts, feelings, and behaviors are influenced by the social context or the presence of others.

Unconscious Motivations

Drives and desires operating below an individual's conscious awareness that influence behaviors and decisions.

Person's Situation

The set of environmental circumstances or contexts that can influence an individual's behavior and decisions.