The Second Level of the International Accounting Standards Board's (IASB's)

Multiple Choice

The second level of the International Accounting Standards Board's (IASB's) Conceptual Framework

A) provides conceptual building blocks that explain the qualitative characteristics of accounting information.
B) defines the elements of financial statements.
C) serves as a bridge between the "why" of accounting and the "how" of accounting.
D) all of the choices are correct.