Write a Brief Note on Global Strategies and Multidomestic Strategies

question 52

Essay

Write a brief note on global strategies and multidomestic strategies. Also mention one advantage and one disadvantage of each.

Recognize the role of cost objects in different overhead rate methods.

Understand the concept of cost pools and how they are used in overhead allocation.

Understand the concept of faithful representation in accounting.

Recognize the difference between accounting rules for financial reporting and taxation in the United States.