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Questions and Answers
True or false: International accounting is only concerned with describing international political groups.
True or false: International accounting is only concerned with describing international political groups.
False (B)
True or false: There are no differences in accounting standards and practices between countries in international accounting.
True or false: There are no differences in accounting standards and practices between countries in international accounting.
False (B)
True or false: International accounting includes the company's responsibility for their own international business activities.
True or false: International accounting includes the company's responsibility for their own international business activities.
True (A)
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Study Notes
International Accounting
- Concerned with describing international political groups and a company's responsibility in international business activities, also known as International Trade.
- Involves understanding differences in accounting standards and practices between countries.
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