Question: Which statement is false? IASB has accounting standard - setting responsibilities for IASC. The International Federation of Accountants is a subsidiary of IASC OECD is

Which statement is false? IASB has accounting standard-setting responsibilities for IASC. The International Federation of Accountants is a subsidiary of IASC OECD is not part of the United Nations . Luca Pacioli developed the double entry accounting system . All are true .

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