Many multinational companies find it beneficial to have their shares listed on stock exchanges in foreign countries.
Question:
1. Choose About TSE.
2. Choose History of TSE. Answer questions (a) and (b).
3. Choose Listed Company information.
4. Choose Disclosure. Answer questions (c) and (d).
5. Answer the following questions.
(a) When was the first stock exchange opened in Japan? How many exchanges does Japan have today?
(b) What event caused trading to stop for a period of time in Japan?
(c) What are four examples of decisions by corporations that must be disclosed at the time of their occurrence?
(d) What are four examples of “occurrence of material fact” that must be disclosed at the time of their occurrence?
Contingent liabilities
A contingent liability is an obligation of business related to an uncertain future event. The business must record it in its financial statements if the amount can be reliably estimated and it is probable that amount will be paid by business as a...
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Related Book For
Financial Accounting Tools for business decision making
ISBN: 978-0470534779
6th Edition
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
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