Which of the following is not a reason for establishing international accounting standards?

  a. Some countries do not have the resources to develop accounting standards on their own.
  b. Comparability of financial reporting is needed between companies operating in different areas of the world.
  c. It would simplify the preparation of consolidated financial statements by multinational corporations.
  d. Demand in the United States is heavy for an alternative to U.S. generally accepted accounting principles.