Most IASB statements provide three acceptable alternatives since it is difficult to get an agreement while formulating the international reporting standards.

Name: Most IASB statements provide three acceptable alternatives since it is difficult to get an agreement while formulating the international reporting standards.
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IASB statements typically aim for a single set of high-quality, understandable, enforceable, and globally accepted accounting standards, rather than providing multiple alternatives.

Most IASB Statements Provide Three Acceptable Alternatives Since It Is