Which of the Following Is the Least Likely Means a Company

question 3

Multiple Choice

Which of the following is the least likely means a company might choose to meet the needs of international investors?

• A) Translation of financial statements or annual reports into the language of the user.
• B) Denomination of the financial statements in the currency of the country where the financial statements will be used.
• C) Mutual recognition in which one country accepts the financial statements of another country for regulatory purposes such as listing on stock exchanges or filing annual reports.
• D) Partial or complete restatement of financial statements to the accounting principles of the financial statement users' country.

---

Definitions:

Negative

Referring to something harmful, undesirable, or expressing a denial, disagreement, or refusal.

Destructive

Causing great and irreparable harm or damage either physically, emotionally, or environmentally.

Added Value Negotiating

A negotiation strategy focused on creating mutual benefits and win-win outcomes by adding value rather than simply haggling over existing variables.

Traditional Negotiating

Involves face-to-face discussions and conventional tactics to reach an agreement between parties.