Accounting
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
Transcribed Image Text:Accounting
Which of the following has NOT been identified
as a problem with Australia accepting the
international harmonisation of its accounting
standards?
Select one:
а.
Too few countries have adopted international
accounting standards.
b.
IFRS standards tend to be more complex.
С.
Compromises sometimes need to be made
when creating standards.
d.
None of the above, they are all problems.
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