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1. Which one is Not the reason for foreign direct investment: a. Increase sales and profits b. Reduce costs c. Acquire technological and managerial know-how
1. Which one is Not the reason for foreign direct investment: a. Increase sales and profits b. Reduce costs c. Acquire technological and managerial know-how d. Increase competition 2. The exchange rate prevailing when a foreign currency asset was first acquired or a foreign currency liability first incurred: a. Historical rate b. Current Rate c. Average Rate d. All of the above 3. It refers to reduction of alternatives while retaining a high degree of flexibility in accounting practices: a. Convergence b. Translation c. Harmonization d. All of these 4. Why the IASB developed the standards for SMEs? a. Enhancing the quality and comparability of SME financial statements around the world. b. Help improve their access to finance. c. Both a & b d. None of these 5. ..is a cost ratio that compares the cost of a basket of goods in the current period with the cost of that same basket in a prior or base period. a. Inflation b. Deflation c. GPL index d. SPL index
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