Which of the following is the least likely means a company might choose to meet the needs of international investors?
a. Translation of financial statements or annual reports into the language of the user.
b. Denomination of the financial statements in the currency of the country where the financial statements will be used.
c. Mutual recognition in which one country accepts the financial statements of another country for regulatory purposes such as listing on stock exchanges or filing annual reports.
d. Partial or complete restatement of financial statements to the accounting principles of the financial statement users' country.
C
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