Which of the following accounting areas is NOT significantly affected by international activity?

Question

Quizplus · Accepted Answer

Overhead allocation is not significantly affected by international activity as it is a more internal accounting practice that is based on a company's individual cost structure and is less impacted by global factors. The other options (recognition principles and auditing standards) are significantly affected by international activity as they must comply with international accounting standards and regulations.

Which of the Following Accounting Areas Is NOT Significantly Affected