Tentamen 22 Juni 2017, antwoordenInternational Financial Management (Rijksuniversiteit Groningen)Verspreiden niet toegestaan | Gedownload door Sybe klaas Kappe ([email protected])lOMoARcPSD|105219
1.A. D$14,0001.B. DNone of the above statements is true.1.C. DPurchasing power loss of Mex $2.000.000, reported in income.1.D. ADisclosure1.E. DIt preserves managerial autonomy to make decisions.1.F. A€ 3601.G. DAll of the above1.H. D$52,631.581.I. Aa stronger dollar.1.J. Aasset risk exposure.Calculations for 1CInflation index January 1, Year 1 100Inflation index December 31, Year 1 180Cash at January 1, Year 1 2,500,000The adjusted value of the cash at December 31, Year 1 4,500,000Purchasing power loss2,000,000Assuming that the company has no other assets and liabilities, holding monetary assets during inflation period creates purchasing power loss. According to GPP accounting, this amount should be reported in net income.Verspreiden niet toegestaan | Gedownload door Sybe klaas Kappe ([email protected])lOMoARcPSD|105219
2a. If accounting principles around the world are harmonized, will this necessarily eliminate the diversity of earnings measurements practices?