Level II ADRs Must Meet

question 58

Multiple Choice

Level II ADRs must meet:

• A) U.S. GAAP standards.
• B) home country accounting standards.
• C) both U.S. GAAP and home country standards.
• D) none of the above

---

Definitions:

Wrongful Conduct

Actions or behaviors that are illegal, unethical, or otherwise improper and can lead to liability.

Rash Driving

refers to operating a vehicle in a way that displays a blatant disregard for the safety of people or property.

Convicted

Found guilty of a crime in a court of law after a trial or through a guilty plea.

Dissociated

Describes someone or something that has been disconnected or separated from a group or entity.