One motivation for reducing differences in accounting practices across countries is to:
A)Decrease the flow of international capital.
B)Allow greater competition among companies.
C)Reduce companies' tax burdens.
D)Make it easier for investors to compare companies from different countries.

Question

Quizplus · Accepted Answer

The main motivation for reducing differences in accounting practices across countries is to make it easier for investors to compare companies from different countries. This would enhance transparency, promote fair competition, and attract more international capital. It would also create a level playing field for companies operating in different countries, without imposing undue tax burdens. Therefore, option D is the most appropriate choice.

One Motivation for Reducing Differences in Accounting Practices Across Countries