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