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Which global harmonization of account principle not require

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Problem 1: Global harmonization of accounting principles does not require:

A. That one world-wide organization enforces global standards in all countries.

B. That differences in accounting standards between countries be kept at a minimum.

C. Both (A) and (D).

D. Complete uniformity in accounting principles globally.

E. That differences in accounting rules may continue to exist in different countries as long as they can be explained.

Reference no: EM132697597

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