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Which of These Is Not One of the Ways AASB

Question 2

Multiple Choice

Which of these is not one of the ways AASB 108 'Accounting Policies' deals with the choice of accounting methods?


A) By establishing a hierarchy of authorities
B) By specifying particular policies to be used in certain situations
C) By specifying the qualitative characteristics that financial information should have
D) None of the above, i.e., all are ways in which AASB 108 deals with the choice of accounting methods

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