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Message: <blockquote data-quote="La2ush" data-source="post: 10" data-attributes="member: 2">1. QuestionThe concepts of responsibility accounting are devised to ...AnswerPlace performance evaluation into a manageable context2. QuestionIn developing MNC evaluation systems, the following are considered except oneAnswerTransfer cost, national currency, and inflation3. QuestionRatios such as ROA and ROCE are methods ofAnswerFinancial analysis4. QuestionSales growth and cost reduction is a measure toAnswerEvaluate the results of business organization5. QuestionTechniques of financial analysis include the following except oneAnswerGraphs, common-size analysis, and measurement6.QuestionThe geographical spread is oneAnswerCharacteristic of MNCs7. QuestionAnother name for Multinational corporation isAnswerAll of the above8. QuestionAccounting education and training is one practical implementation ofAnswerIFRS9.QuestionAdvising the Federal Government of Nigeria on matters on matters relating to accounting and financial reporting standards is the role ofAnswerFRCN10. QuestionIFAC was established inAnswer197711. QuestionObstacles for harmonization of accounting standards include but except oneAnswerIFRS and FRCN12. QuestionThe reasons for harmonization of accounting standards include the following except oneAnswerDebentures holders13. QuestionIASC meansAnswerInternational accounting standard committee14. QuestionAccounting professions and standard setters are oneAnswerReason for harmonization of accounting standards15.QuestionThe most successful body involved in harmonization isAnswerIASC/IASB16. QuestionHarmonization simply impliesAnswerUniformity17. QuestionDifferences in the existing accounting practices are due toAnswerAll of the above18. QuestionThe owners of a company delegate control and the evaluation of the management to who?AnswerThe board of directors19.QuestionFactors influencing Accounting development are mainly grouped intoAnswer520. QuestionGenerally, it is believed that Accounting history can be traced to Luca Pacioli in yearAnswer1494</blockquote>

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