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Because the SEC Currently Requires That Foreign Firms, Who Would

Question 34

Multiple Choice

Because the SEC currently requires that foreign firms, who would like their securities listed on the U.S. exchange, prepare their financial statements using U.S accounting stanadards, the requirement


A) discourages weaker foreign firms from cross-listing in the U.S.
B) encourages weaker foreign firms to cross-list in the U.S.
C) acts as an incentive for foreign firms to list on U.S. exchanges
D) acts as a deterrent for foreign firms to list on U.S. exchanges

Correct Answer:

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