The Objective of the International Financial Reporting Interpretations Committee (IFRIC)is

Multiple Choice

The objective of the International Financial Reporting Interpretations Committee (IFRIC) is to:

A) achieve consistent interpretations of IFRS by IFRS-adopters internationally.
B) address accounting issues that are likely to receive divergent or unacceptable treatment in the absence of authoritative guidance, with a view to reaching consensus on the appropriate accounting treatment.
C) address issues of reasonably widespread importance, and not issues of concern only to a small set of enterprises.
D) All the given answers are correct.