Question
1. According to Sir Bryan Carsberg, former IASC Secretary-General, what is the most significantcost of accounting diversity?
A) The time expended by accountants to create multiple sets of financial statements conformingto different national standardsB) The cost of the IASB to regulate compliance with many national accounting standardsC) The reduction in effectiveness of the international markets for capitalD) The resources used by countries in legislating different sets of accounting standards
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Subject:
Accounting, Business