Multiple Choice
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 worldwide 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.
Correct Answer:

Verified
Correct Answer:
Verified
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