Multiple Choice
Which one is not a characteristic of rules-based standards?
A) More reliance on conceptual framework
B) Less reliance on professional judgment
C) More level of detailed guidance
D) Extensive amount of industry specific guidance
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q5: Which of the following statements is true
Q6: Which following factors are taken into consideration
Q7: What is the correct order of steps
Q8: Which of the following statements is true
Q9: Which of the following is critical to
Q10: Under IFRS and U.S.GAAP,which one is not
Q12: Which of the following statements regarding the
Q13: Which are two conditions that must be
Q14: Which of the following arguments regarding pure
Q15: Which methods do IFRS and U.S.GAAP typically