Which of the Following Is an Advantage of American Depository

question 80

Multiple Choice

Which of the following is an advantage of American Depository Receipts (ADRs) ?

• A) No foreign currency exchange risk
• B) Financial statements are written in a foreign language or english
• C) Financial statements are translated quickly
• D) Less frequent reporting of financial results

---

Definitions:

Raw Materials

The basic substances or components that are used in the manufacturing process to produce finished goods.

T-Accounts

A visual representation used in accounting to depict the debits and credits of an account, showing two sides of transactions within a ledger.

Transactions

Financial activities or exchanges between parties that involve the transfer of goods, services, or funds.

Overapplied Overhead

When the overhead costs allocated for manufacturing are higher than the actual overhead expenditures.