Question 5. 5. According to some U.S. companies what gives foreign firms a competitive advantage...

50.1K

Verified Solution

Question

Accounting

Question 5. 5. According to some U.S. companies what gives foreign firms a competitive advantage in the capital market?

A. The foreign companies don't have standards similar to GAAP. B. The foreign companies don't have strict ethical codes. C. The Sarbanes-Oxley Act which requires more stringent internal controls on U.S. firms. D. The foreign companies don't have to be audited.

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