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Ms Marple Is an Accounting Cadet for One of the Big

Question 41

Multiple Choice

Ms Marple is an accounting cadet for one of the big accounting firms.She is a bit confused as to which of the following Anss should be applied first in dealing with an accounting issue.
I.Industry Practice
II.Accounting Standards
III.Conceptual Framework
IV.International Financial Reporting Interpretations Committee (IFRIC)
Which ordering would you recommend?


A) I,II,III,IV.
B) II,IV,III,I.
C) II,I,IV,III.
D) III,II,I,IV.
E) IV,III,II,I.

Correct Answer:

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