Which Is Not a Step of Developing IFRS in the Process

question 12

Multiple Choice

Which is not a step of developing IFRS in the process?

• A)The IASB and staff set an agenda of possible issues to be addressed by IFRS.
• B)A discussion paper DP)is prepared only for IASC committee review.
• C)After considering all comments and additional proposals to its DP,the board may issue an exposure draft ED)
• D)IASB may publish a final IFRS to be considered for adoption in the various jurisdictions

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Definitions:

Careful Listening

A communication technique used where the listener pays close attention to the speaker's words, tones, and body language to fully understand the message conveyed.

Participative Goals

Objectives set collaboratively by involving multiple stakeholders to ensure buy-in and shared responsibility for achieving them.

Defined

Clearly described, outlined, or explained.

Managers

are individuals within an organization responsible for planning, directing, and overseeing the work of a group of individuals.