The AASB Standards 1-99 Series Includes Those Standards

Multiple Choice

The AASB Standards 1-99 Series includes those standards:

A) where the standard has been developed for domestic application and relates specifically to the public or not-for-profit sectors.
B) where a standard equivalent to an existing or improved IAS is issued, with the number being used by the IASB being the same as that being used by the AASB (e.g. IAS 1 will be AASB 1) .
C) where a standard equivalent to an existing or improved IAS is issued, with the number being used by the AASB 100 on from that being used by the IASB(e.g. IAS 1 will be AASB 101) .
D) where a new IFRS has been issued by the IASB, with the number being used by the IASB being the same as that being used by the AASB(e.g. IFRS 1 will be AASB 1) .