题目
题目

BUSS5220 8.6 Test Your Knowledge

单项选择题

Australian accounting standards are principle-based accounting standards. This means they are:

选项
A.Based on concepts derived from the International Financial Reporting Standards issued by the International Accounting Standards Board
B.Unique accounting rules designed for the Australian economy
C.Strictly based on definite rules that do not require any professional judgment
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思路分析
The question asks about what it means for Australian accounting standards to be principle-based. Option 1: 'Based on concepts derived from the International Financial Reporting Standards issued by the International Accounting Standards Board'—This captures the idea that principle-based......Login to view full explanation

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