Put the four levels of the IFRS literature hierarchy in correct order (use 1, 2, 3, 4):
Level Authoritative Literature
_____________ Recent pronouncements of other standard- setting bodies that use a similar Conceptual Framework to develop accounting standards, other accounting literature, and accepted industry practices, to the extent that these do not conflict with the other sources in Levels 1 and 2.
_____________ IFRS standards and interpretations that specifically apply to a transaction, event, or condition.
_____________ The Conceptual Framework definitions, recognition criteria, and measurement concepts for assets, liabilities, income, and expenses.
_____________ Authoritative rules from IFRS for similar and related transactions.