Which statement is incorrect? AASB standards apply by force of law to:
A) all entities regulated by the Corporations Act
B) entities required to comply with AASB accounting standards by other legislation
C) entities required to comply with AASB accounting standards by ministerial directive
D) all of the above
Correct Answer:
Verified
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Q29: IFRS standards adopted for use in Australia
Q30: The Urgent Issues Group was:
A)A sub committee
Q31: No-liability companies are confined to the mining
Q32: AASB standards apply by force of law
Q34: Which body has the power to make
Q35: The International Accounting Standards Board (IASB) is:
A)a
Q36: Which of the following is not one
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Q38: Which statement is incorrect:
A)The EU has adopted
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