Question

Question 30 (3 polnts) Professor Limperg belleved OIn general purchasing power accounting that income Is a function of revenues and replacement values Oin a weak relation between economics and accounting Oin the gold standard Question 31 (3 points) Shareholders O directly control MNE operations vote to hire and fire management O receive dividends and management appoints the board of directors O vote for board of directors who hire and fire management Question 32 (3 points) Structural and formal mechanisms include task forces and meetings that cut across organizational lines Onetworking and personal contacts the socialization of individuals in the organization. organizational structure

Answer 1

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Q 30	Theodore Limperg jr. (Amsterdam, December 21, 1879 – Amsterdam, December 6, 1961) was a Dutch accountant, and Professor in Business economics at the University of Amsterdam. He is particularly known for his contribution to the international debate about replacement costs in the 1920s.
	He believed that income is a function of revenue and replacement value instead of historical costs
	So answer is Option B.
Q 31	Shareholders received dividends and management appoints board of directors.
	So answer is Option C.
Q 32	Structural and formal mechanisms include the socialization of individuals in the organization.
	So answer is Option C.