Culture’s Impact on Business Functions62

Culture’s Impact on Business Functions62 -...

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Some Differences Among Systems Recognition of expenses When incurred or when technically feasible Assessment of cost of goods sold Intangible assets (goodwill, brand names) Recognition, measurement, amortization
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Unformatted text preview: • Fixed asset & inventory valuation – Historic cost v inflation adjustment • Income taxes – Worldwide v territorial systems • Foreign currency translation • Net profit margin calculation...
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This note was uploaded on 11/08/2011 for the course BUS 302 taught by Professor Pendergast,w during the Winter '08 term at Cal Poly.

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