If US GAAP Is the Benchmark in a Conservatism Comparison

question 7

True/False

If US GAAP is the benchmark in a conservatism comparison with a company in a foreign country, then an index greater that 1 is more conservative.

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The combination of characteristics or qualities that form an individual's distinctive character and influence their behaviors and attitudes.

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A settled way of thinking or feeling about something, often reflected in a person's behavior.

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