In the context of a global information system, consolidated global reporting is a crucial tool for managing overseas subsidiaries because it:
A)compares only standardized reports.
B)excludes the differences in regulatory standards.
C)forms the basis of all the strategic requirements of a global information system.
D)reduces the difficulties caused by the differences in accounting procedures.

Question

Quizplus · Accepted Answer

Consolidated global reporting helps in reducing difficulties caused by differences in accounting procedures by standardizing financial information across subsidiaries, making it easier to compare and analyze data globally.

In the Context of a Global Information System, Consolidated Global