The IFRS Foundation has a three-tier governance structure namely:

CS Executive · Corporate and Management Accounting · PYQS · June 2023
The IFRS Foundation has a three-tier governance structure namely:
(A) IFRS Foundation Monitoring Board, IFRS Foundation Trustees and International Accounting Standard Board
(B) IFRS Foundation Monitoring Board, IFRS Foundation Employees and International Accounting Standard Board
(C) IRS Foundation member, IFRS Foundation Trustees and International Accounting Standard Board
(D) IFRS Foundation members, IFRS Foundation Trustees and International Standard Board

Answer & Explanation:

Correct Answer: Option (A)

Official answer key: (A).

Topics: Accounting Standards

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