Which of the following is a true statement in regards to the International Accounting Standards Board? Select
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Question:
Which of the following is a true statement in regards to the International Accounting Standards Board?
Select one:
a. The IASB deals with issues caused by the lack of uniform accounting principles
b. The IASB has the authority to audit financial statements of all US corporations
c. The IASB was created by the American Accounting Association
d. The IASB develops all accounting principles to be used in the United States
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