Which of the Following Does $\underline{not}$ Accurately Characterize the IFAC?
A)It Produces International Financial Reporting Standards

Multiple Choice

Which of the following does $\underline{not}$ accurately characterize the IFAC?

A) It produces international financial reporting standards.
B) Its guidelines cannot be imposed on any member organization or nation.
C) Its board produces international standards for ethics, education, and public sector accounting.
D) It produces international standards for auditing and assurance.