Q1. Who play an impartment role in the risk management process? A. Auditor B. Management accountant C. Controller of finance D. none of the above Q2. Two difficulties in undertaking an international business strategy analysis A. Annual reports, Trade groups B. Profit drivers, business risks C. Regulators, Profit drivers D. Foreign exchange risk, Regulators Q3. The fundamental reasons that IASB/accounting bodies should keep in mind when developing standards. A. Representatives from entire world B. International convergence C. Formal link between trustees and capital market authorities D. Raises funds and oversees IASB activities Q4. With which method, currency translation does not change the attribute of an item being measured. A. Monetary- Nonmonetary method B. Temporal Method C. Current-Noncurrent Method D. Current rate Method Q5. Prospective analysis involves the following best steps: A. Cross border comparisons and valuation. B. Forecasting and valuation C. Cash flow analysis, restatement algorithms. D. Forecasting and cash flow analysis