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Which of the Following Is/are True Concerning the Issue of Accounting

Question 4

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Which of the following is/are true concerning the issue of accounting standards in Australia after internationalisation?


A) The AASB adds to proposed international standards material detailing their scope and applicability in Australia
B) The AASB adds material to broaden the content of international standards to cover the not-for-profit sector
C) After issuing an exposure draft for comment and considering the response, the AASB issues an Australian standard equivalent to the IASB standard
D) All of the statements are true

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