The IASB Framework is a device to:
A)Confer legitimacy on a private sector standard setter
B)Offer a positive explanation of accounting principles
C)Explain,and enforce,the rules laid down by the state
D)Provide a prescriptive solution to problems before they arise

Question

Quizplus · Accepted Answer

The IASB Framework helps confer legitimacy on the IASB as a private sector standard setter by providing a structured approach to developing and applying accounting standards.

The IASB Framework Is a Device To