Test Bank for International Accounting, 6th Edition by Timothy Doupnik and Finn Chapters 1-12 Covered

Test Bank
International Accounting, 6th Edition
by Timothy Doupnik and Finn Chapters 1-12 Covered




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,TABLE OF CONTENT
y y




Chaptery1:IntroductionytoyInternationalyAccounting


Chaptery2:WorldwideyAccountingyDiversity


Chaptery3:yInternationalConvergenceyofyFinancialyReporting


Chaptery4:InternationalyFinancialyReportingyStandards:yPartyI


Chaptery5:InternationalyFinancialyReportingyStandards:yPartyII

Chaptery6:ForeignyCurrencyyTransactionsyandyHedgingyForeignyExchangeyRisk


Chaptery7:TranslationyofyForeignyCurrencyyFinancialyStatements


Chaptery8:InternationalyTaxation


Chaptery9:InternationalyTransferyPricing

Chaptery10:ManagementyAccountingyIssuesyinyMultinationalyCorporations

Chaptery11:AuditingyandyCorporateyGovernance:yAnyInternationalyPerspective


Chaptery12:yInternationalySustainabilityReporting




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, Answers Included
y

Chapter 01 6e
y y


1) Whichyofytheyfollowingygroupsyisyaysupranationalyorganization?
A) InternationalyAccountingyStandardsyBoard


B) OrganizationyforyEconomicyCooperationyandyDevelopment
C) InternationalyFederationyofyAccountants
D) Allyofytheseyanswersyareycorrect.



2) Determinationyofynetypresentyvalueyinvolves:
A) forecastingyfutureyprofitsyandycashyflows.
B) discountingyfutureycashyflowsybackytoytheirypresentyvalue.
C) analysisyonyanyafter-taxybasis.
D) Allyofytheseyanswersyareycorrect.



3) Inywhichyofytheyfollowingylevelsycanyinternationalyaccountingybeydefined?
A) Supranationalyorganizations
B) Company
C) Country
D) Allyofytheseyanswersyareycorrect.



4) Whichyofytheyfollowingyfunctionalyareasyisyincludedyinytheystudyyofyinternationalyaccounting?
A) Financialyaccounting
B) Managerial
C) Taxation
D) Allyofytheseyanswersyareycorrect.



5) Theyfactoryusedytoyconvertyfromyoneycountry'sycurrencyytoyanotherycountry'sycurrencyyisycalledy
the:
A) interestyrate.
B) costyofycapital.
C) exchangeyrate.
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, D) strikeyprice.




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