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Chapter 01 Introduction to International Accounting Multiple Choice Questions 1. Which of the following groups is a supranational organization? A. United Nations B. Organization for Economic Cooperation and Development C. International Federation of Accountants D. All of the above 2. Determination of net present value involves: A. forecasting future profits and cash flows. B. discounting future cash flows back to their present value. C. analysis on an after-tax basis. D. All of the above 3. In which of the following levels can international accounting be defined? A. Supranational organizations B. Company C. Country D. All of the above
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