Which of These Statements Is Not Correct Concerning the Adoption

question 12

Multiple Choice

Which of these statements is not correct concerning the adoption by Australia of international accounting standards?

• A) Where words need to be changed in AASB adaptations of international standards to accommodate Australian legislation, these are identified by the use of 'Aus' paragraphs
• B) Australian standards, where there is no international equivalent, have been withdrawn
• C) The AASB is committed to ensuring that AASB equivalents will be issued for all international accounting standards
• D) None of the above, i.e., all are correct statements

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Definitions:

Pulse Pressure

The difference between systolic and diastolic blood pressure, reflecting the force that the heart generates each time it contracts.

Diastolic Blood Pressure

The pressure in the arteries when the heart rests between beats, indicated as the bottom number in a blood pressure reading.

Abdomen

The part of the body that contains the digestive organs, bounded by the pelvis and the thorax.

Stethoscope

A medical instrument used by healthcare professionals to listen to the internal sounds of a patient's body.