Seeing is believing!
Before you order, simply sign up for a free user account and in seconds you'll be experiencing the best in CFA exam preparation.
Basic Question 3 of 6
Which of the following represents IASB's approach to setting new financial reporting standards?
B. Rules-based approach
C. A mix of both approaches, depending on the account
A. Principles-based approach
B. Rules-based approach
C. A mix of both approaches, depending on the account
User Contributed Comments 0
You need to log in first to add your comment.
You have a wonderful website and definitely should take some credit for your members' outstanding grades.
Colin Sampaleanu
Learning Outcome Statements
describe implications for financial analysis of alternative financial reporting systems and the importance of monitoring developments in financial reporting standards
CFA® 2025 Level I Curriculum, Volume 2, Module 1.