One political factor influemcing the standard-setting process is how the standard- setting bodies are financed. Which...

 

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One political factor influemcing the standard-setting process is how the standard- setting bodies are financed. Which of the following is not an IASB principle regarding the nature and amount of funding? O A) Country-specific: Funding should be shared by the major economies on a proportionate basis. B) Closed-loop: Financial commitments for funding should be contingent upon particular outcomes. O C) Compelling: Constituents should not be allowed to benefit from the standards without contributing to the process of standard setting. O D) Broad-based: It should not rely on one or a few sources. One political factor influemcing the standard-setting process is how the standard- setting bodies are financed. Which of the following is not an IASB principle regarding the nature and amount of funding? O A) Country-specific: Funding should be shared by the major economies on a proportionate basis. B) Closed-loop: Financial commitments for funding should be contingent upon particular outcomes. O C) Compelling: Constituents should not be allowed to benefit from the standards without contributing to the process of standard setting. O D) Broad-based: It should not rely on one or a few sources.

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