Accounting Standards (ASs) are written policy documents may be issued by : X. Expert accounting body Y. Government Z. Other regulatory body Select the correct answer from the options given below :-
A
X but not Y and Z
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B
Y but not X and Z
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C
Z but not X and Y
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D
All X, Y & Z
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Solution
The correct option is D All X, Y & Z Accounting Standards (ASs) are written policy documents may be issued by : X. Expert accounting body Y. Government Z. Other regulatory body