Which of the Following Is not a Reason One Set

question 154

Multiple Choice

Which of the following is not a reason one set of international accounting standards are needed?

• A) Multinational corporations.
• B) Mergers and acquisitions.
• C) Information technology.
• D) All of these answer choices are reasons one set of international accounting standards are needed.

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Definitions:

Taxpayers

Individuals or entities that are required to pay taxes to a government body, based on their income, property, or purchases.

Free Schooling

Education provided without charge to students, typically funded by the government.

Opportunity Cost

The penalty of missing potential gains from other paths by choosing a certain option.

College Expenses

The costs associated with attending college, including tuition, fees, books, and living expenses.