In Recent Times,the AASB Has Been Reluctant to Include Alternative

Multiple Choice

In recent times,the AASB has been reluctant to include alternative options within standards.This means:

A) Entities within Australia will have the choice as to whether or not they choose to meet the requirements detailed in accounting standards.
B) The number of options within IFRS-adopted accounting standards is expected to be restricted, although compliance with the AASB standard will mean compliance with the IASB standard.
C) The number of options within IFRS-adopted accounting standards is expected to be restricted, which means that compliance with the AASB standard will not automatically mean compliance with the IASB standard.
D) The AASB is in direct conflict with the aims of the Financial Reporting Council in relation to international harmonisation.