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
You might also like to view...
Which of the following costs would be least likely to appear on a responsibility accounting report for the supervisor of an assembly line in a large manufacturing situation?
a. Direct labor b. Indirect materials c. Selling expenses d. Repairs and maintenance
During the introduction stage of the product life cycle,
A. "me-too" products quickly take market share away from the innovator. B. promotion is likely to be needed to build primary demand. C. industry profits are at their highest. D. most products achieve intensive distribution. E. None of these answers is correct.
An automatic stay refers to the suspension of certain legal actions by creditors against a debtor or the debtor's property
Indicate whether the statement is true or false
A consumer products company produces inexpensive goods in underdeveloped markets, then repackages them as cost-effective innovations for Western buyers. This is an example of glocalization.
Answer the following statement true (T) or false (F)