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jeka94
3 years ago
8

Believing it will make it easier for investors to compare firms across countries and make it easier to raise capital globally, m

ost large accounting firms and multinational firms favor the switch from GAAP to IFRS.
True / False.
Business
1 answer:
Elena L [17]3 years ago
4 0

Answer:

True

Explanation:

Generally Acceptable Accounting Principles (GAAP) is only applicable in the United States of America whereas International Financial Reporting Standards (IFRS) has been adopted by most countries on the globe. This makes Report prepared on IFRS more comparable and make it easier to raise capital globally.

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When making a location decision at the country​ level, which of these would be​ considered?
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A company developed the following per unit materials standards for its product: 3 pounds of direct materials at $5 per pound. If
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Answer:

7,500 Unfavorable

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