De Facto Harmonization Refers To

question 22

Multiple Choice

De facto harmonization refers to:

• A)the process of making accounting practice consistent across countries.
• B)the process of making accounting regulations consistent internationally.
• C)forcing accounting differences to be resolved through litigation.
• D)creating one set of accounting standards.

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Definitions:

Moderator

A person or substance that reduces the pace of a chemical reaction or moderates the discussion in a meeting or forum.

Nuclear Reactor

A device used to initiate and control a sustained nuclear chain reaction, primarily for the generation of electricity.

Net Useful Energy

The amount of energy available for use after subtracting the energy lost in conversion, transmission, and distribution processes.

Fissionable Fraction

The portion of a nuclear fuel that can undergo fission, the process by which atomic nuclei split to release energy.