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Chapters 1-3 True/ False & Short Answer Maximum 10 Points each 1. The International Accounting Standards Board (IASB) is an organization primarily dedicated to preserving

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Chapters 1-3 True/ False & Short Answer Maximum 10 Points each 1. The International Accounting Standards Board (IASB) is an organization primarily dedicated to preserving uniformity and uniqueness of accounting standards within each country in the world. (ie. Preserving German GAAP within Germany Japanese GAAP in Japan, U.S. GAAP in the US...) Please elaborate on your True or False response: Your Response 2. The entry point for most companies into the world of international business is through acquiring or building a manufacturing presence in a foreign country (a.k.a. foreign direct investment). Please elaborate on your True or False response: Your Response

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