Membership to a professional accounting body in Australia requires: Select one: O a. Additional study in a professional body's graduate program. b. All of these options. O c. A recognised qualification. o d. Practical experience. There are four steps in the decision-making process. The final step in this process is to: Select one: a. Identify each situation that requires a decision. b. Assess the consequences or outcomes of the alternatives. c. Choose the course of action which will help the business achieve its goals. d. Gather relevant information for the available alternatives. In which year did Australia adopt the IASB's international accounting standards? Select one: a. 2015 b. 2009 c. 2001 d. 2005 Which regulatory authority acts as overseer and advisor to the AASB? Select one: a. Financial Reporting Council. O b. Australian Securities and Investments Commission. c. The Accounting Professional and Ethical Standards Board. d. Australian Accounting Research Foundation