Question: 2 7 - When developing requirements for IFRS Standards, can the International Accounting Standards Board depart from the Conceptual Framework? A . No B .

27- When developing requirements for IFRS Standards, can the International Accounting Standards Board depart from the Conceptual Framework?
A. No
B. Yes, the Board is not required to use the Conceptual Framework when developing Standards
C. Yes, but only from aspects of the Conceptual Framework and only if doing so is needed to meet the objective of financial reporting

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