The AASB Standards 1-99 Series includes those standards:
A) where the standard has been developed for domestic application and relates specifically to the public or not-for-profit sectors.
B) where a standard equivalent to an existing or improved IAS is issued, with the number being used by the IASB being the same as that being used by the AASB .
C) where a standard equivalent to an existing or improved IAS is issued, with the number being used by the AASB 100 on from that being used by the IASB .
D) where a new IFRS has been issued by the IASB, with the number being used by the IASB being the same as that being used by the AASB .
E) where a new IFRS has been issued by the IASB, with the number being used by the AASB 100 on from that being used by the IASB .

Question

Quizplus · Accepted Answer

The Answer of The AASB Standards 1-99 Series includes those standards:
A) where the standard has been developed for domestic application and relates specifically to the public or not-for-profit sectors.
B) where a standard equivalent to an existing or improved IAS is issued, with the number being used by the IASB being the same as that being used by the AASB .
C) where a standard equivalent to an existing or improved IAS is issued, with the number being used by the AASB 100 on from that being used by the IASB .
D) where a new IFRS has been issued by the IASB, with the number being used by the IASB being the same as that being used by the AASB .
E) where a new IFRS has been issued by the IASB, with the number being used by the AASB 100 on from that being used by the IASB .

The AASB Standards 1-99 Series Includes Those Standards