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The International Accounting Standards Board (IASB) Works to Formulate International

Question 4

Multiple Choice

The International Accounting Standards Board (IASB) works to formulate international accounting standards that are adopted by each country


A) when approved by the IASB.
B) when accepted by the majority of IASB member countries.
C) on a voluntary basis.
D) only after acceptance by 2/3 of IASB member countries.

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