Multiple choice

Their objective is to promote the use and rigorous application of the accounting standards

  1. IASB

  2. IFRS Advisory Council

  3. IFRS Interpretations Committee

  4. IFRS Foundation
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A Correct answer
Explanation

The IASB (International Accounting Standards Board) is the independent standard-setting body responsible for developing and promoting the use of IFRS standards globally.

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