The SEC allows non-US companies listed on a US stock exchange to report using:
A) Their home country's standards
B) International Accounting Standards, with a reconciliation to US-GAAP
C) International Accounting Standards
D) None of the above, they must use US-GAAP only
Correct Answer:
Verified
Q1: With harmonisation of accounting practices globally
A) International
Q2: Which of the following is NOT a
Q4: The international Accounting Standards Board's objective for
Q5: To what does International Accounting refer?
A) Descriptions
Q6: Which of the following is likely to
Q7: China's acceptance of international accounting standards would
Q8: One of Gray's accounting values is Professionalism
Q9: Which of the following is NOT considered
Q10: Transfer pricing has been identified as a
Q11: The accounting regulation is heavily influenced by
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents