Place These Steps in the Development of an Accounting Standard

question 5

Multiple Choice

Place these steps in the development of an accounting standard by the IASB in the order in which they occur in practice.
i.Developing an exposure draft for public comment
ii.Publishing a discussion paper for public comment
iii.Establishing an advisory committee
iv.Approval by the IASB

• A) i, ii, iii, iv
• B) iii, i, ii, iv
• C) ii, iii, i, iv
• D) iii, ii, i, iv