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Bristol Plc is a large listed retailer based in the UK. Which of these best describes what Bristol should follow in preparing its financial statements. Select one: a. Bristol must adopt IFRS standards b. Bristol must adopt FRS standards c. Bristols directors can determine which financial standards to follow as long as it ensures a true and fair view d. Bristol has a choice between IFRS and FRS standards.

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Bristol Plc is a large listed retailer based in the UK. Which of these best describes what Bristol should follow in preparing its financial statements. Select one: a. Bristol must adopt IFRS standards b. Bristol must adopt FRS standards c. Bristols directors can determine which financial standards to follow as long as it ensures a true and fair view d. Bristol has a choice between IFRS and FRS standards

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