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    Issues in Financial Accounting Study Set 1
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    Exam 1: Institutional Arrangements for Setting Accounting Standards in Australia
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    Under Section 296 of the Corporations Act 2001,directors of Companies
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Under Section 296 of the Corporations Act 2001,directors of Companies

Question 14

Question 14

Multiple Choice

Under section 296 of the Corporations Act 2001,directors of companies that fail to comply with AASB accounting standards may be prosecuted by:


A) ASIC
B) AASB
C) ASX
D) FRP

Correct Answer:

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