multinational corporations mergers and acquisitions information technology
all of these are reasons one set of international accounting standards are needed .
13-Stockholders ’ equity is decreased by all of the following except expenses . dividends . sales of stock . net losses .
14-The concern about international companies adopting SOX-type standards centers on
the governing authorities . comparability . cost-benefit analysis . ethics issues .
15- The private sector organization involved in developing accounting principles is the
Financial Accounting Standards Board . Financial Auditors ’ Standards Body . Feasible Accounting Standards Body . Financial Accounting Studies Board