ard / My units / 2020 Term 1 / ACCT20074_2201 / Assessment links / Onli 13 Empirical research is research based on: Select one: out of a. Scholarship of the British Empire question b. Ideas and beliefs c. Observations of actual phenomena d. Opinions n 14 If Australia changes one of its accounting standards so that it is substar sed by the IASB, but with modifications s Quiz x G Google 21226148 cmid=1130334&page=3 6 OFF OO If Australia changes one of its accounting standards so that it is substantially similar to the equivalent standard released by the IASB, but with modifications to reflect local Australian needs, Australia has most likely achieved: Select one: O a. Subjugation b. Homogenisation c. Harmonisation d. Standardisation referred to in the c. Harmonisation d. Standardisation Entities that produce general purpose financial statements are referred to in the conceptual framework as: Select one: a. An economic entity on b. A legal entity c. A general purpose entity d. A reporting entity ed its information in a clear and concise way, it is eristics of financial June page=3 OFF 0 If a financial statement presented its information in a clear and concise way, it is said to exhibit which one of the following qualitative characteristics of financial information? Select one: a. Comparability O b. Timeliness c. Understandability d. Free from error Next page