Which Statement Concerning AASB Interpretations Is Not Correct

question 11

Multiple Choice

Which statement concerning AASB Interpretations is not correct?

• A) In 2006, the AASB decided to take over the role of the Urgent Issues Group
• B) The AASB has set up an Interpretations Agenda Committee comprising the chairman and two other AASB members
• C) Interpretations of IASB standards made by the IFRIC are not relevant in Australia
• D) None of the above, i.e., all statements are correct

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Definitions:

Relations Of Ruling

A concept that examines how power and authority are distributed within a society, often highlighting the ways in which dominant groups maintain their status.

Bifurcated Consciousness

denotes a state of mind where an individual sees and experiences dual perspectives or realities simultaneously, often in contexts of social or personal conflict.

Foucault

Michel Foucault, a French philosopher, who explored the relationships between power and knowledge, and how they are used as a form of social control.

Discipline

The means by which we become motivated to produce particular realities.