Which statement below concerning the accountability and funding of the IASC Foundation is correct?
A) The IASC Foundation independence is assured through a system of voluntary contributions from firms in the accounting profession.
B) The IASC Foundation is not controlled by any national securities regulators.
C) The SEC considers the accountability and funding mechanisms for the IASC Foundation to be satisfactory.
D) Appointments of IASC Foundation Trustees must be approved by the SEC.

Answer rating: 100% (QA)

The IFRS Foundation could be a notforprofit public interest organisation established to develop one set of highquality understandable enforceable and ... View the full answer