Multiple Choice
AASB elected not to adopt the IASB's approach to differential reporting because of the:
A) additional costs of training and education in preparing two sets of standards at professional and education level.
B) burden placed on some subsidiaries to prepare financial information based on the requirements of full IFRSs for the purposes of the parent entity consolidation.
C) loss of comparability across all types of Australian entities financial statements.
D) all the given answers.
Correct Answer:
Verified
Correct Answer:
Verified
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