What Are the Main Reasons for Deviations from PPP? Give,at

question 40

Essay

What are the main reasons for deviations from PPP? Give,at least,5 reasons with a short explanation.

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Definitions:

Accounting Standards

The rules and guidelines that companies must follow when reporting financial data.

Disclosure Standards

The requirements and guidelines set by regulatory bodies for the information that must be provided by publicly traded companies to protect investors and maintain transparency.

Financial Statements

Reports that provide an overview of a company's financial condition, including balance sheet, income statement, and cash flow statement.

Income Statement

A financial document summarizing a company's revenues, expenses, and profit over a specific period, reflecting its operational performance.