What is one of the main purposes of the International Financial Reporting Interpretations Committee (IFRIC)?

What is one of the main purposes of the International Financial Reporting Interpretations Committee (IFRIC)?
A . Provide guidance on reporting issues not specifically addressed in International Accounting Standards Board (IASB)’s standards
B . Provide advice to International Accounting Standards Board (IASB) on priorities
C . Monitor International Accounting Standards Board (IASB)’s effectiveness, raise funds, and approve budget
D . Discuss the roles and responsibilities of the International Accounting Standards Board (IASB) and its advisory groups

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Answer: A