One of the Stronger Motivations for a Continuing Standardization in International

question 22

Multiple Choice

One of the stronger motivations for a continuing standardization in international accounting standards is to:

• A)Allow foreign countries to escape the wrath of the U.S.government
• B)Provide additional work for accountants
• C)Force financial statements to be prepared in English
• D)Develop international sources of capital for firms

---

Definitions:

Herding Societies

Communities that primarily depend on domesticated livestock as their main source of livelihood.

Physically Aggressive

Behavior intended to cause harm or pain to another person through physical force.

Verbally Aggressive

The use of words to criticize, insult, or denigrate others, often as a form of social aggression.

Verbally Aggressive

The characteristic of expressing oneself in a manner that is direct, forceful, and potentially harmful or hurtful to others through language.