Explain how accounting rules have been beneficial for markets. ...

[rmenurse]

Explain how accounting rules have been beneficial for markets.
 
  What will be an ideal response?

Question 2

An appreciation of the U.S. dollar occurs when
 
  A) the international price of the dollar falls.
  B) the international price of the dollar rises.
  C) the supply of dollars in international markets increases.
  D) the U.S. demand for foreign currencies increases.

[blakcmamba]

Answer to Question 1

Accounting rules provide potential investors with reliable information about the financial performance of firms.

Answer to Question 2

B