Which of the following historical reasons for accounting diversity could explain why accounting standards would be more
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Which of the following historical reasons for accounting diversity could explain why accounting standards would be more detailed in some countries than in others?
a. Different rates of inflation across countries
b. Different legal systems across countries
c. Differences across countries in the extent to which financial statements are the basis for taxation
d. Political and economic ties between countries
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Related Book For
Advanced Accounting
ISBN: 9781260247824
14th Edition
Authors: Joe Ben Hoyle, Thomas Schaefer, Timothy Doupnik
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