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Advantages and Disadvantages of Working Abroad. January, 2020. It’s a big, exciting world out there and working abroad is an excellent way to explore it. Moving long distance has its advantages and disadvantages. If you’re looking into living overseas, here are a few things you’ll want to consider.The historical Cost concept is widely used across business entities when preparing their financial statements. It has numerous advantages from the perspective of the company: 1. The greatest advantage of the historical cost concept is that the users of the financial statements can know the exact and original . See more