Harmonization of IASB and FASB standards is now being called:

a. benchmarking.
b. conformity.
c. uniformity.
d. convergence.


ANSWER: D

Business

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Indicate whether the statement is true or false

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The reason why weights are used in an aggregate index is to

a. ensure that all items have an influence on the index which is relative to their respective importance. b. ensure that expensive items are considered more heavily. c. ensure that current prices will influence the index more than base prices. d. None of these alternatives is correct.

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Outline the act of collective bargaining.

What will be an ideal response?

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With respect to the Japanese terms of the 5S concept, _____ means sorting

a. seiso b. seiri c. shitsuke d. seiton

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