What is the responsibility of the International Accounting Standards Board?
A. IASB promotes uniform accounting standards among different countries.
B. IASB settles accounting disputes between auditors and international companies.
C. IASB issues standards which regulate the financial accounting and reporting of multinational corporations and then enforces them through legal channels.
D. IASB is to develop a uniform currency in which the financial transactions would be measured.
Answer: A
You might also like to view...
Contacting consumers at places such as farmer's markets, bluegrass festivals, city-wide garage sales, flea markets, craft shows, stock car races is:
A) alternative media venues B) lifestyle marketing C) branded entertainment D) guerilla marketing
To achieve successful communication, the communicator must do what?
A) Use active listening skills B) Write using industry jargon C) Use follow-up messages D) Identify decision makers E) Reach and influence the audience
Which if the following is not one of the dimensions of technological uncertainty?
a. Will there be side effects of the product and service? b. Will the new technology make ours obsolete? c. Will the delivery timetable be met? d. How fast will the innovation spread? e. Will the new product function as promised?
A research study has found that managers often hire external candidates rather than promote their current employees because they have a tendency to overvalue unfamiliar candidates and undervalue known ones.
Answer the following statement true (T) or false (F)