IRAC stands for Issue, Rule, Application, Conclusion
I'll just put out issues.
James Jones - corruption, extortion, and blackmail
Tom Cruise - health violations, bribery
Both conducted under the table negotiations.
C. An increase in demand.
Because people will have more money available for demanding further of those goods. Certain exceptions apply to these rule.
Answer:
A. Is the same as convergence of accounting standards
Explanation:
Harmonization of accounting standards mean the process of increasing the compatibility of accounting practices by setting bounds for the degree of variations.
The notion of harmonization can be replaced by the concept of convergence.
Harmonization of international accounting standards is an imposition of standards by economically superior countries.