The Functions of the Australian Accounting Standards Board Include

The functions of the Australian Accounting Standards Board include:
I.Development of a conceptual framework for the purpose of evaluating proposed accounting standards.
II.Making accounting standards for the purpose of the Corporations Act.
III.Formulating accounting standards for non-companies,the public sector and the not-for-profit sector.

A) I only
B) II and III only
C) I and III only
D) I,II and III.