How Would a Company Decide Which Foreign Languages Will Be

question 29

Multiple Choice

How would a company decide which foreign languages will be used to present its financial statements?

• A)Determine which language is closest to the local language so that translation is less costly.
• B)Choose the language based on which countries provide the greatest potential source of funds.
• C)Follow the language requirements of its local accounting regulatory agency.
• D)Select the language of the most populous country in its region of the world.

---

Definitions:

Complexity

The state or quality of being intricate or complicated, often involving multiple interconnected parts.

Noncustodial Father

A father who does not have legal custody of his child, often having certain rights like visitation while the child resides primarily with the other parent.

Stepparenting

The act of being a parent to a spouse's child or children from a previous relationship.

Stepchildren

Offspring that one's partner has from an earlier relationship.