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When George, an American, went to represent his company in a global conference held in Germany, he was unaware of the social practices of the host country. While talking to a German representative, he used the "ok" gesture, which is considered inappropriate in Germany. This created tension and uneasiness between him and the German representative. Which of the following communication barriers did George most likely face in the given scenario?
Impairment
The reduction in the recoverable value of an asset below its carrying amount on the balance sheet.
Indefinite Useful Lives
An accounting classification for intangible assets that are not expected to expire or have an end to their useful economic life.
Auditors
Professionals responsible for examining and verifying the accuracy of financial records and statements of an organization.
Investment Account
An account held at a financial institution that contains investments like stocks, bonds, mutual funds, and ETFs, potentially helping the owner achieve long-term financial goals.
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