Which one is Not the reason for foreign direct investment Increase sales and profits Reduce costs Acquire technological and managerial know how Increase competition The exchange rate prevailing when a foreign currency asset was first acquired or a foreign currency liability first incurred Historical rate Current Rate Average Rate All of the above It refers to reduction of alternatives while retaining a high degree of flexibility in accounting practices Convergence Translation Harmonization All of these Why the IASB developed the standards for SMEs Enhancing the quality and comparability of SME financial statements around the world Help improve their access to finance Both a b None of these is a cost ratio that compares the cost of a basket of goods in the current period with the cost of that same basket in a prior or base period Inflation Deflation GPL index SPL index Which one is NOT the reason for accounting diversity Legal system Inflation Government Taxation Many companies provide additional information to the user of that information in order to compete with other companies, it may be known as Mandatory Disclosure Voluntary disclosure both a b None Forecasting a firms prospects based on an assessment of a firms business strategy, accounting policy, and its financial analysis, and arriving at an estimate of the firms value is Prospective analysis Opportunity Analysis Company Analysis Technical Analysis Which of the following is not included in WOTS Up Analysis Strategies Weaknesses Opportunities Threats This type of exposure measures exchange gains and losses that arise from the settlement of foreign currency sales, purchases, borrowing, or lending transactions Translation Exposure Transaction Exposure Economic Exposure All of these

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Posted on Aug 23, 2024

Which one is Not the reason for foreign direct investment:
1. Increase sales and profits
2. Reduce costs
3. Acquire technological and managerial know-how
4. Increase competition
The exchange rate prevailing when a foreign currency asset was first acquired or a foreign currency liability first incurred:
1. Historical rate
2. Current Rate
3. Average Rate
4. All of the above
It refers to reduction of alternatives while retaining a high degree of flexibility in accounting practices:
1. Convergence
2. Translation
3. Harmonization
4. All of these
Why the IASB developed the standards for SMEs?
1. Enhancing the quality and comparability of SME financial statements around the world.
2. Help improve their access to finance.
3. Both a & b
4. None of these
is a cost ratio that compares the cost of a basket of goods in the current period with the cost of that same basket in a prior or base period.
1. Inflation
2. Deflation
3. GPL index
4. SPL index

Which one is NOT the reason for accounting diversity:
1. Legal system
2. Inflation
3. Government
4. Taxation
Many companies provide additional information to the user of that information in order to compete with other companies, it may be known as:
1. Mandatory Disclosure
2. Voluntary disclosure
3. both a & b
4. None
Forecasting a firms prospects based on an assessment of a firms business strategy, accounting policy, and its financial analysis, and arriving at an estimate of the firms value is:
1. Prospective analysis
2. Opportunity Analysis
3. Company Analysis
4. Technical Analysis
Which of the following is not included in WOTS-Up Analysis?
1. Strategies
2. Weaknesses
3. Opportunities
4. Threats
This type of exposure measures exchange gains and losses that arise from the settlement of foreign currency sales, purchases, borrowing, or lending transactions:
1. Translation Exposure
2. Transaction Exposure
3. Economic Exposure
4. All of these