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Two bodies that provide advice to the IASB and the IFRS Foundation include: Select one: O IFRS Advisory Council; IFRS Focus Group. O IFRS Advisory

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Two bodies that provide advice to the IASB and the IFRS Foundation include: Select one: O IFRS Advisory Council; IFRS Focus Group. O IFRS Advisory Council; Accounting Standards Advisory Forum. IFRS Reporting Council; IFRS Advisory Forum. O IFRS Focus Group; Financial Reporting Council. Which of the following is not an accounting pronouncement? Select one: An AASB Discussion Paper. O A Conceptual Framework document. An accounting standard. O An accounting interpretation Which of the following statements about the IASB's 'due process for developing and revising IFRSs is correct: Select one: It is not necessary to publish an Exposure Draft before drafting a new IFRS for approval by the IASB. The purpose of an Exposure Draft is to review the research about an issue. O A Discussion Paper is for the internal use of IASB staff and is not made public. An Exposure Draft would be published after the publication of a Discussion Paper

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