The International Accounting Standards Board's (IASB) Conceptual Framework Includes a Cost-Benefit

Multiple Choice

The International Accounting Standards Board's (IASB) conceptual framework includes a cost-benefit constraint. Which of the following is true regarding this constraint?

A) Benefits are more difficult to quantify than costs.
B) The IASB seeks input on costs and benefits as part of their due process.
C) Benefits to preparers may include access to capital at a lower cost.
D) All of the choices are correct.