If a company is a multinational company with operations in several different countries, one way to achieve comparability of historical-cost based ROIs for facilities in different countries is to:
A)restate the results of operations using the cash basis method of accounting
B)use GAAP for all reporting and calculations
C)restate the results of all operations in dollars
D)All of these answers are correct.

Question

Quizplus · Accepted Answer

Restating the results of all operations in dollars allows for a consistent currency basis, facilitating comparability across different countries.

If a Company Is a Multinational Company with Operations in Several