Question: What do we mean when we talk about standardization, convergence or harmonization of accounting standards? Do they mean m,ism? From the point of view of

What do we mean when we talk about standardization, convergence or harmonization of accounting standards? Do they mean m,ism? From the point of view of a U.S. company with operations abroad, what are the benefits if the U.S. standardizes its accounting standards with international ones?

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