Which of the following is a chapter in the IASE's conceptual framework? Select one: a. the objective of special purpose financial reporting. O b. the issues with financial reporting. c. quantitative characteristics of useful financial statements reporting. O d. the objective of general purpose financial reporting. Which is a Disadvantage of principles-based standards: Select one: O a. They supply broad guidelines for managers b. They are simple and less complex O c. The judgements and choice of decisions means the comparability of financial statements may be reduced O d. They allow managers to use professional judgement in assessing the substance of a transaction courses / ACC Which is a Disadvantage of principles-based standards: Select one: a. They supply broad guidelines for managers O b. They are simple and less complex O c. The judgements and choice of decisions means the comparability of financial statements may be reduced O d. They allow managers to use professional judgement in assessing the substance of a transaction