compare. Sets of finan 4. Cultural dimension index scores developed by Hofstede for six countries are reported in the table below. Required: Using Gray's hypothesis relating culture to the accounting value of secrecy rate these six countries as relatively high or relatively low with respect to the level of disclosure you would expect to find in financial statements. Explain your ratings. Uncertainty Avoidance Power Distance Individualism Masculinity Long-Term Orientation Index Rank Index Ranka Index Rank" Index Rarika Index Rank Country Belgium Brazil Korea (South) Netherlands Sweden Thailand 65 69 60 38 31 64 20 14 27-28 40 47-48 21-23 94 76 85 53 29 64 5-6 21-22 16-17 35 49-50 30 75 38 18 80 71 20 8 26-27 43 4-5 10-11 39-41 54 49 39 14 5 34 45B 22 27 41 51 53 44 38 65 75 44 33 56 18 6 5 11-12 20 8 en ay . 41 = highest rank: 53 lowest rank. i = highest runk; 34 = krwest rank