If a Company Is a Multinational Company with Operations in Several

question 49

Multiple Choice

If a company is a multinational company with operations in several different countries,one way to achieve comparability of historical-cost based ROIs for facilities in different countries is to:

• A)use GAAP for all reporting and calculations.
• B)restate the results of all operations in the currency of the home country.
• C)restate the results of operations using the cash basis method of accounting.
• D)All of these answers are correct.