国际会计chapter6.docVIP

Exercises for Chapter 6 一、Multiple Choice Questions 1. According to the International Finance Corporation, which of the following European countries had emerging capital markets in 2001? a. France b. Luxembourg c. Spain d. Russia e. Italy 2. According to the International Finance Corporation, which of the following Asian countries had emerging capital markets in 2001? a. Japan b. Thailand c. Singapore d. Hong Kong e. None of the above. 3. According to the International Finance Corporation, which of the following Latin American countries had emerging capital markets in 2001? a. Argentina b. Brazil c. Chile d. Mexico e. All of the above. 4. Which of the following are likely benefits to developing countries of having emerging capital markets (ECMs)? a. ECMs expand the investment options available in the country thereby attracting foreign investors. b. ECMs allow capital to be raised in a more cost-effective manner. c. ECMs positively influence the economic culture in developing countries by encouraging domestic companies to become more responsive and accountable to a greater number of stakeholders in society. d. ECMs help in improving allocative efficiency by channeling funds to the most efficient and productive users of capital. e. All of the above. 5. According to the International Finance Corporation study cited in the book, which of the following developing countries had good domestic accounting standards: a. Argentina b. Greece c. Taiwan d. Philippines e. None of the above. 6. According to the International Finance Corporation study cited in the book, which of the following developing countries had adequate domestic accounting standards: a. Jordan b. Nigeria c. Pakistan d. Zimbabwe e. All of the above. 7. The qualitative criteria for evaluating financial reporting in emerging capital markets include: a. reliability b. comparability c. information availability d. All of the above. e. Only (a) and (b). 8. In many ECMs the public di