In the US ,Accounting Standards Are Set by the Financial Accounting Standards

question 40

Multiple Choice

In the U.S. ,accounting standards are set by the Financial Accounting Standards Board (FASB) .From which body does FASB derive its authority?

• A)US government
• B)American Institute of Certified Public Accountants (AICPA)
• C)Securities and Exchange Commission (SEC)
• D)International Accounting Standards Board (IASB)

Recognize the importance of cultural sensitivity and adaptiveness in cross-cultural negotiations.

Comprehend the concept that negotiation is both an art and a science, particularly in a cross-cultural context.

Acknowledge how political factors can influence the conduct of business negotiations in different countries.

Analyze the difficulties in resolving high-conflict situations based on ethnicity, identity, or geography.