Multiple Choice
All of the following are benefits the U.S.would gain from the adoption of globally consistent accounting standards except for:
A) Reduction in reporting costs as the need for multiple sets of financial statements decreases.
B) Increased quality of information available to investors.
C) Continued expansion of capital markets across national borders,facilitating more efficient use of global capital.
D) Nearly seamless transition with minimal expenses related to corporate governance considerations.
Correct Answer:

Verified
Correct Answer:
Verified
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