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According to chegg policy, four questions are answered in a question. Please answer the following: 15, US is more principle based accounting practice than UK

According to chegg policy, four questions are answered in a question. Please answer the following:

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15, US is more principle based accounting practice than UK (1 Point) True False 16. What is a "greenfield" investment? (1 Point) Farm land held for speculation Foreign direct investment whereby a new facility is constructed abroad Purchasing an existing facility as a foreign direct investment A foreign investment that has been approved by the Environmental Protection Agency 17. Assets are commonly shown in order of their liquidity, or in reverse order of their liquidity. What is liquidity?* (1 Point) O Liquidity means that assets are inflation-adjusted. Liquidity refers to how easily the assets are converted to cash. Liquidity refers to whether the asset is depreciable or not. O Liquidity means that the assets are closely matched to specific liabilities. 18. What does "multinationality" mean? (1 Point) Geographical distribution of sales, assets and employees of the company O The diversity of languages spoken at a company's headquarters The number of stock exchanges where a company's shares are listed None of the above

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