Which of the Following Is a Major Restructuring Objective of the IASB

Multiple Choice

Which of the following is a major restructuring objective of the IASB?

A) To ensure compliance to a single set of accounting standards.
B) To progressively phase out divergent accounting practices.
C) To promote a greater understanding of the accounting practices of different nations.
D) To cooperate with various national accounting standard-setters in order to achieve convergence in accounting standards around the world.