All of the following are true regarding IASB members except Multiple Choice Full-time members are not allowed to hold any position giving rise to perceived economic incentives that might call their independence into question Pan-time members must sever employment relationships with former employers IAS shall comprise 16 members, and up to 3 of those members may be part-time Primary qualifications for IASB membership are professional competence and practical experience. Full-time members must sever employment relationships with former employers