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International Accounting AN18

International Accounting AN18

Annamalai mba assignments

Note: Answer will provide only for two question.

International Accounting

Q1. Make out a trial balance with imaginary figures. Draw the Profit and Loss Account and Balance Sheet from the trial balance which you have constituted.


Q2. “Price differences in different geographic segments make international accounting a challenging Endeavour”. How experts overcome this challenge?


Q3. ‘'Some knowledge of International Accounting may be necessary for a company even if it is not a multinational." Do you agree with this statement? If so, explain your position.


Q4. Why do companies need to prepare a Funds Flow Statement, when they are already preparing many other financial statements to present their financial position?

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