Which of the following was identified as a benefit when Australia accepted the international harmonisation of its accounting standards?

Group of answer choices

A. The cost of capital would decrease

B. Reporting costs would be lowered.

C. All of the above

D. International comparability of financial statements would increase

Which of the following is not an acceptable valuation technique?

Group of answer choices

A. The cost approach.

B. The expert evaluation approach.

C. None of the above, i.e. they are all acceptable valuation techniques.

D. The income approach.