Applying accounting measures of competitive advantage for firms that are headquartered in different countries is not complicated by issues such as differences in accounting practices and exchange rates.

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Applying accounting measures of competitive advantage for firms that are headquartered in different countries can be complicated by differences in accounting practices and exchange rates. These differences may affect the comparability and accuracy of financial information available for analysis. Therefore, adjustments and conversions may need to be made to ensure that accounting measures are consistently and appropriately applied across borders.

Applying Accounting Measures of Competitive Advantage for Firms That Are