Which Statement Is Incorrect

question 2

Multiple Choice

Which statement is incorrect:

• A)The EU has adopted IFRS for limited purposes from 1 January 2005
• B)A nineteen person panel of trustees appoints the IASB members
• C)IASB members are appointed jointly by the US and UK governments
• D)The IASB's predecessor the IASC commenced operations in 1973

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Definitions:

Beer

An alcoholic beverage made from fermented grains, primarily barley, with hops adding flavor.

Price

The financial expectation, necessity, or contribution made as payment for something.

Beer

An alcoholic beverage made from the fermentation of cereal grains, primarily barley, with water, hops, and yeast.

Price

The total money amount anticipated, required, or offered in exchange for an item.