Which of the Following Statements Is True of the International

Which of the following statements is true of the International Public Sector Accounting Standards Board?

A) It has been authorized by the United Nations to set accounting and financial reporting standards for all countries with representation in the U.N.
B) It has indicated that a country's financial statements should be on a cash basis or a modified accrual basis of accounting, consistent with the country's tradition, until all countries' accounting systems are more advanced.
C) It has indicated that the public sector standards promulgated by the GASB are broadly consistent with IPSASB standards.
D) It has shown little interest in convergence of its standards for governments with those promulgated by the International Accounting Standards Board for businesses.