Which of the following statements is true about joint ventures between Chinese companies and international companies?
A. Tax returns of joint ventures must be audited by Chinese CPAs.
B. Annual financial reports of joint ventures must be audited by Chinese CPAs.
C. Capital contributions by investors must be verified by Chinese CPAs.
D. All of the above statements are true about Chinese joint ventures.
Answer:D
Which of the following statements is true about joint ventures between Chinese companies and international companies?
A. Tax returns of joint ventures must be audited by Chinese CPAs. B. Annual financial reports of joint ventures must be audited by Chinese CPAs. C. Capital contributions by investors must be verified by Chinese CPAs. D. All of the above statements are true about Chinese joint ventures.