Of the following,which is NOT true about international financial reporting standards?
A) Board members of the IASB come from 25 countries.
B) The IASB is committed to developing,in the public interest,a single set of high quality,understandable,and enforceable global accounting standards.
C) The IASB represents more than 100 worldwide accounting and financial organizations.
D) Most projects require a minimum of three years from formation to standard issuance.
E) Each IASB Member has one vote on technical and other matters.
Correct Answer:
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