How Does the Lack of Global Accounting Standards Affect U

question 77

Multiple Choice

How does the lack of global accounting standards affect U.S.-based companies?

• A) Unethical U.S. companies will use whichever standard creates the most benefit for them.
• B) Using standards in countries where they do business allows for greater opportunity in the international market.
• C) Reporting performance in a variety of consolidated statements for global affiliates will minimize understanding, thereby minimizing attempted leveraged buyouts.
• D) There may be inconsistent and conflicting information that create confusion for stakeholders.
• E) Assets can be values according to one standards, revenue and debt according to other standards, in an overall goal of presenting positive performance levels.

Analyze the role of societal bonding in preventing or facilitating deviance, according to Hirschi's theory.

Evaluate the process and impact of differential reinforcement on deviant behavior.

Recognize the significance of shaming in the social response to deviance.

Discuss the concept of identifying with deviant figures as a precursor to criminal behavior.