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According to chegg policy, four questions are answered in a question. Please answer the following: 29. What is the equivalent of the common stock account
According to chegg policy, four questions are answered in a question. Please answer the following:
29. What is the equivalent of the common stock account on a U.S. balance sheet on the balance sheet of a British company? * (1 Point) Capital redemption reserve Called-up share capital Own shares held Share premium account 30. Individualism, power distance, uncertainty avoidance, and masculinity are examples of: * (1 Point) accounting values ecological factors external forces cultural dimensions 27. Which of the following is NOT a major concern related to convergence of international accounting standards? (1 Point) The complicated nature of particular standards The tax-driven nature of the national accounting regime IFRS language translation difficulties An overload of guidance on the first-time application of IFRS 28. The early (1973-1988) harmonization efforts of the International Accounting Standards Committee (IASC) created standards that have been described as a "lowest-common- denominator" approach. What was the effect of these first international accounting standards? (1 Point) The IASC standards accommodated existing accounting practices in various countries, Comparability of financial statements across countries was achieved. It resulted in few companies being in compliance with IASC standards, All of the above
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