FINA 14-21/22-uog This test: = Test: Chapter 4: ... Question 1 of 24 > This ques A general reserve normally consists of trading profits retained for re-investment. A. True B. False FINA1074-21/22-uog = Test: Chapter 4: ... Question 2 of 24 This This Which body is responsible for setting International Financial Reporting Standards? ..... A. International Accounting Standards Committee B. Financial Accounting Standards Board C. International Accounting Standards Board D. Financial Reporting Committee