Question:What is the one problem while comparing financial statements with companies based in different countries? 

A Countries use different accounting standards, comparisons can only be made directly with countries using GAAP 
B The exchange rate needs to be applied 
C Other countries do not audit their financial statements as thoroughly 
D Product lines are completely different making a comparison unusable 

+ Answer
A 

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Md. Habib Ullah

Editor, VCampus

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