German companies like Deutsche Bank and DaimlerChrysler have been relatively optimistic and transparent in their financial reporting compared with many Germanic companies because ________.
A) German accounting standards have always been optimistic and transparent
B) they adopted U.S. Generally Accepted Accounting Standards
C) they do not have to adopt International Accounting Standards
D) most of their revenues are from the United States and United Kingdom
Correct Answer:
Verified
Q22: Which of the following countries would be
Q23: Germanic and Japanese companies tend to be
Q24: According to the accounting concept of mutual
Q25: Sources of influence on accounting standards and
Q26: In 2002, the _ required adoption of
Q28: The global integration of capital markets _.
A)is
Q29: A major force leading to the convergence
Q30: The standard-setting organization tasked with the challenge
Q31: The accounting principle that relates to more,
Q32: Germanic countries tend to be more transparent
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