Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. opponents of accounting harmonization argue that:

Opponents of accounting harmonization argue that: Multiple Choice one set of universally accepted accounting standards...

80.2K

Verified Solution

Question

Accounting

Opponents of accounting harmonization argue that:
Multiple Choice
one set of universally accepted accounting standards would not reduce the cost of preparing consolidated statements.
harmonization is not truly valuable because no significant benefits would be achieved.
accounting staff could transfer more easily to other countries of multinational companies.
comparability of financial statements is necessary for the globalization of capital markets.
cost of capital of multinational companies would increase.
image

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students