1.According to the IAS 8 Hierarchy, the IASB's Conceptual Framework for Financial Reporting is

a. nonauthoritative.

b. authoritative, but has a lesser degree of authority than standards.

c. authoritative, and is equally authoritative as standards.

d. in development and has not yet been issued.

2. True or False: Jurisdiction profiles, both on IFRS.org and on Deloitte's iasplus.com site, describe which countries currently require or permit the use of IFRS.

3. Which bound edition should a researcher consult if the researcher is looking for guidance that has been issued but has a future-period effective date? (Assume the researcher is not interested in educational annotations and cross-referencing.)

4. Which bound edition should a researcher consult if the researcher is preparing current-period financial statements and only wants to perform research involving guidance that is currently applicable? (Assume the researcher is not interested in educational annotations and cross-referencing.)