Which of the following statements in relation to current trends in accounting is NOT correct?

Question $6$Answer

a$.$

The revised version of the Conceptual Framework does not provide guidance as to measurement choice.

b$.$

There is a movement towards a 'fair value' approach.

c$.$

There is a movement towards a more traditional approach.

d$.$

More emphasis is now being placed on the auditability of information rather than its quality.