CFA Practice Question

There are 86 practice questions for this study session.

CFA Practice Question

The role of the IASB is to ______

I. formulate international accounting standards.
II. publicize international accounting standards.
III. encourage observance of international accounting standards.
A. I and II
B. I and III
C. I, II and III

User Contributed Comments 2

User Comment
saher701 Isn't encourage observance the duty of regulatory authority?
cfastudypl The word 'encourage' makes the option correct. If it were regulatory authority, the word 'enforce' will be used.
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