Question

accounting standards are 1)written policy document issued by expert accounting body
2)set of board of accounting policies 3)set in the form of general principles 4) all of the above​

Answer 1

Answer:

written policy document issued by expert accounting body

Answer 2

Answer:

Accounting Standards are a set of practices and policies used for systematic bookkeeping and other accounting functions across firms and over time.

Therefore the correct option is (c).