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  • Mock Board Answer Key

    Загружено:

    Bromanine
    66 просмотров2 страницы
    This document contains an answer key for a mock exam on the Financial Accounting and Reporting (FAR) section. It lists 70 multiple choice questions and their answers, either "s" for a single-letter answer or "ss" for a multiple-letter answer. Additionally, it provides information on the International Accounting Standards Board's (IASB) due process for developing new accounting standards, which involves publishing discussion papers, exposure drafts, and requires supermajority approval to add new projects and exposure drafts.

    Исходное описание:

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    Оригинальное название

    MOCK BOARD ANSWER KEY

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    This document contains an answer key for a mock exam on the Financial Accounting and Reporting (FAR) section. It lists 70 multiple choice questions and their answers, either "s" for a single-letter answer or "ss" for a multiple-letter answer. Additionally, it provides information on the International Accounting Standards Board's (IASB) due process for developing new accounting standards, which involves publishing discussion papers, exposure drafts, and requires supermajority approval to add new projects and exposure drafts.

    Авторское право:

    © All Rights Reserved
    Скачайте в формате DOCX, PDF, TXT или читайте онлайн в Scribd
    Отметить как неприемлемый контент
    66 просмотров2 страницы

    Mock Board Answer Key

    Загружено:

    Bromanine
    This document contains an answer key for a mock exam on the Financial Accounting and Reporting (FAR) section. It lists 70 multiple choice questions and their answers, either "s" for a single-letter answer or "ss" for a multiple-letter answer. Additionally, it provides information on the International Accounting Standards Board's (IASB) due process for developing new accounting standards, which involves publishing discussion papers, exposure drafts, and requires supermajority approval to add new projects and exposure drafts.

    Авторское право:

    © All Rights Reserved
    Скачайте в формате DOCX, PDF, TXT или читайте онлайн в Scribd
    Отметить как неприемлемый контент
    из 2

    MOCK BOARD ANSWER KEY – FAR

    1. S
    2. s
    3. s
    4. s
    5. s
    6. s
    7. s
    8. s
    9. s
    10. s
    11. s
    12. s
    13. s
    14. s
    15. s
    16. s
    17. s
    18. s
    19. ss
    20. s
    21. s
    22. s
    23. s
    24. s
    25. s
    26. s
    27. s
    28. s
    29. s
    30. s
    31. s
    32. s
    33. s
    34. s
    35. s
    36. s
    37. s
    38. s
    39. ss
    40. s
    41. s
    42. s
    43. s
    44. s
    45. D
    46. ss
    47. s
    48. s
    49. s
    50. D

    According to IASB’s due process steps, a discussion paper, request for information or research
    paper is designed to elicit comments from interested parties that can help the IASB decide whether
    to add a project to its standard-setting programme. Once the IASB has formally decided to add a
    project to its agenda, it proceeds to the development of an exposure draft, which requires a
    supermajority of IASB members, by way of ballot (requires 9 out of 15 or fewer members, or 10 out
    of 16 members).

    51. s
    52. s
    53. s
    54. s
    55. ss
    56. s
    57. s
    58. s
    59. s
    60. s
    61. s
    62. s
    63. s
    64. s
    65. s
    66. s
    67. s
    68. s
    69. s
    70. s

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