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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
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ACC 557 Week 2 Chapter 2 (E2-6, E2-9, E2-11, P2-2A)