What is the greatest difference between Mexican accounting practice and American accounting practice?
A. The method of calculating earnings per share
B. The lack of conservatism in Mexican accounting standards
C. The treatment of inflation effects on financial statements
D. The accounting for exchange rate gains and losses
Answer:C
What is the greatest difference between Mexican accounting practice and American accounting practice?
A. The method of calculating earnings per share B. The lack of conservatism in Mexican accounting standards C. The treatment of inflation effects on financial statements D. The accounting for exchange rate gains and losses