Which of the Following Statements Is Correct About the Controversial

Which of the following statements is correct about the controversial issues surrounding AASB 8/IFRS 8?

A) The management approach adopted in AASB 8/IFRS 8 was argued to put preparers' needs ahead of users' needs.
B) The European Parliament was not able to endorse AASB 8/IFRS 8 due to strong oppositions from European countries.
C) Despite the objections from different parties, all IASB board members at the time unanimously agreed that AASB 8/IFRS 8 should replace AASB 114.
D) The proponents of AASB 114 argued that AASB 8/IFRS 8 contains too many mandatory disclosure requirements compared to AASB 114.