The Morgan Stanley Dean Witter "Apples to Apples" analysis relies on:
A)converting financial statements to U.S.GAAP to compare international investment opportunities.
B)identifying the most significant factors affecting stock value and considering the effect of accounting diversity on these factors.
C)the superiority of U.S.GAAP for determining the true value of international capital investments.
D)converting all the accounts in foreign financial statements to a common set of accounting standards.

Question

Quizplus · Accepted Answer

The Morgan Stanley Dean Witter "Apples to Apples" analysis involves identifying the most significant factors affecting stock value and considering the effect of accounting diversity on these factors. It does not rely on converting financial statements to U.S.GAAP, assuming the superiority of U.S.GAAP, or converting all accounts to a common set of accounting standards.

The Morgan Stanley Dean Witter "Apples to Apples" Analysis Relies