1. how transfer pricing can be used to minimize taxes in a multinational corporation. Include a short numerical illustration.

2. wHAT are the arguments for and against the international convergence of accounting standards. What is your opinion?

3. What foreign exchange risk is associated with a foreign currency purchase/payable, and how this risk could be hedged with forward and option contracts? Journal entries are not needed.

4. how lease accounting is similar and different between U.S. GAAP and IFRS?

Answer rating: 100% (QA)

1 Transfer Pricing for Tax Minimization Transfer pricing involves setting the prices for transactions between different entities within the same multinational corporation It can be used to minimize ta... View the full answer