According to Sir Bryan Carsberg,former IASC Secretary-General,what is the most significant cost of accounting diversity?
A) The time expended by accountants to create multiple sets of financial statements conforming to different national standards
B) The cost of the IASB to regulate compliance with many national accounting standards
C) The reduction in effectiveness of the international markets for capital
D) The resources used by countries in legislating different sets of accounting standards
Correct Answer:
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Q1: In addition to the International Accounting Standards
Q2: Which of the following statements is believed
Q5: The second phase (1989-1993)of the IASC's efforts
Q6: The "Fourth Directive" issued by the European
Q8: It has been said that the addition
Q8: Which of the following is NOT an
Q9: Czech Republic,Estonia,Hungary,Latvia,Lithuania,Poland,Slovakia,and Slovenia joined the European Union
Q10: Of the 16 members of the International
Q10: The "Seventh Directive" issued by the European
Q12: Which of the following statements is true
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