Multiple Choice
The components,or building blocks,in the IASB Framework for the Preparation and Presentation of Financial Statements do not include:
A) The definition of 'financial reporting'
B) Definition of users and their needs
C) Underlying assumptions
D) Accounting standards
Correct Answer:

Verified
Correct Answer:
Verified
Q3: Which of the following is not a
Q4: Which of the following is an enhancing
Q5: Which of the following cannot be concluded
Q6: What is the purpose of developing a
Q7: The objective of general purpose financial reporting
Q9: Over time,a number of objectives have been
Q10: According to the IASB,a conceptual framework:<br>A) Is
Q11: Which of the following is correct about
Q12: What is the objective of financial reporting,as
Q13: What is the definition of a 'conceptual