Financial Accounting and Reporting Study Guide Quiz

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Questions and Answers

Which organization is responsible for issuing the International Financial Reporting Standards (IFRS)?

  • IFRS Foundation
  • IASB (correct)
  • The authors
  • The publishers

Where is the International Accounting Standards Board (IASB) located?

  • London (correct)
  • Paris
  • New York
  • Tokyo

What is the purpose of the International Financial Reporting Standards (IFRS)?

  • To provide a framework for financial accounting and reporting (correct)
  • To regulate stock markets
  • To promote international trade
  • To set tax policies

Who grants permission to reproduce extracts from the International Financial Reporting Standards?

<p>IASB (A)</p> Signup and view all the answers

Which edition of the Financial Accounting and Reporting Study Guide is the latest?

<p>Ninth edition 2019 (D)</p> Signup and view all the answers

Which edition of the Financial Accounting and Reporting Study Guide was published first?

<p>First edition 2010 (D)</p> Signup and view all the answers

Where is the headquarters of the International Accounting Standards Board (IASB) located?

<p>London, UK (D)</p> Signup and view all the answers

Who is responsible for issuing the International Financial Reporting Standards (IFRS)?

<p>The International Financial Reporting Standards (IFRS) Foundation (C)</p> Signup and view all the answers

What is the email address to contact the International Accounting Standards Board (IASB)?

<p><a href="mailto:[email protected]">[email protected]</a> (B)</p> Signup and view all the answers

Who grants permission to reproduce extracts from the International Financial Reporting Standards?

<p>The International Financial Reporting Standards (IFRS) Foundation (B)</p> Signup and view all the answers

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