How would a company decide which foreign languages will be used to present its financial statements?
A)Determine which language is closest to the local language so that translation is less costly.
B)Choose the language based on which countries provide the greatest potential source of funds.
C)Follow the language requirements of its local accounting regulatory agency.
D)Select the language of the most populous country in its region of the world.

Question

Quizplus · Accepted Answer

A company would choose the language based on which countries provide the greatest potential source of funds to attract investors and stakeholders from those regions.

How Would a Company Decide Which Foreign Languages Will Be