All of the following are advantages available to companies if a single set of accounting standards were used except:
a. A single set of worldwide accounting standards would have no effect on accounting fee costs.
b. A single set of standards would make it much easier to decide whether to acquire a foreign company.
c. A single set of worldwide accounting standards would facilitate comparisons for investment purposes.
d. A single set of worldwide accounting standards would make it easier to access foreign capital markets
a
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Lifetime customer value calculations are based on assumptions that can be validated easily and accurately
Indicate whether the statement is true or false
What is the most likely reason that direct-response television marketing has increased in recent years?
A) uses of social media B) shifts in demographics C) increases in global demand D) changes in FTC legislation E) advances in technology
The formula to compute direct labor rate variance is to calculate the difference between
A) actual costs + (actual hours standard rate) B) actual costs - standard cost C) (actual hours standard rate) - standard costs D) actual costs - (actual hours standard rate)
In which of the following situations is the power of suppliers high in an industry?
A. Suppliers can credibly threaten to backward integrate into the industry. B. Suppliers' industry is more concentrated than the industry it sells to. C. Suppliers depend heavily on the industry for their revenues. D. Suppliers offer products that are undifferentiated.