All of the Following Are Benefits the U

question 11

Multiple Choice

All of the following are benefits the U.S.would gain from the adoption of globally consistent accounting standards except for:

• A)Reduction in reporting costs as the need for multiple sets of financial statements decreases.
• B)Increased quality of information available to investors.
• C)Continued expansion of capital markets across national borders,facilitating more efficient use of global capital.
• D)Nearly seamless transition with minimal expenses related to corporate governance considerations.

Understand the impact of global trade practices and policies on the U.S. economy.

Analyze the concepts of absolute and comparative advantage in international trade.

Recognize the historical shifts and trends in U.S. trade balances and their causes.

Evaluate the arguments for and against tariffs, quotas, and free trade policies.

---

Definitions:

Job Description

A statement of the tasks, duties, and responsibilities of a job to be performed.

Critical Incidents Style

A method in management and organizational behavior focusing on identifying and understanding specific incidents that significantly impact an outcome or phenomenon.

Task Analysis Style

The approach or method taken to break down a job into its components to study how tasks are accomplished, often used in designing or improving jobs.

Job Analysis

The methodical process of collecting and examining information about the content and human requirements of jobs, as well as the context in which jobs are performed.