sset losses\r[D] the weakening of its independence\r38. According to Paragraph 4, McCreevy objects to the IASB'S\rattempt to\r[A] keep away from political influences.\r[B] evade the pressure from their peers.\r[C] act on their own in rule-setting.\r[D] take gradual measures in reform.\r39. The author thinks the banks were "on the wrong planet" in that.\rthey\r[A] misinterpreted market price indicators\r[B] exaggerated the real value of their assets\r[C] neglected the likely existence of bad debts.\r[D] denied booking losses in their sale of assets.\r40. The author's attitude towards standard-setters is one of\r[A] satisfaction.\r[B] skepticism.\r[C] objectiveness\r[D] sympathy
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