CPA Ethics And Governance Practice Questions - CPA Program Ethics And Governance Exam

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The body responsible for setting accounting standards used in the preparation of financial reports under the Australian Corporations Act 2001 is the:

Australian Taxation Office (ATO) Australian Securities and Investments Commission (ASIC) Financial Reporting Council (FRC) Australian Accounting Standards Board (AASB)

Correct Answer:

Australian Accounting Standards Board (AASB)

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