Cultural dimension index rank are reported in the table below.

Using Gray's hypothesis relating culture to the accounting value of secrecy,

order these six countries as relatively high or relatively low with respect to the level of secrecy you would expect to find in financial statements.

( Or, you are assigned as global CFO. The CEO has asked you the order of level of secrecy of the six countries.)

Rank
Country	Power Distance	Uncertainty Avoidance	Individualism	Masculinity	Long-term Orientation
A	81	37	23	34	82
B	5	62	66	36	98
C	43	51	34	60	8
D	1	30	5	96	55
E	41	49	18	78	72
F	12	71	11	50	88
1 = highest rank: 99 = lowest rank
(note)
Use the table to translate ranks to levels of rank (HIGH, MID, LOW).
Ranks	Level
1-33	HIGH
34-66	MID
67-100	LOW
Use the table to translate levels of secrecy to points.
Ranks	Point
HIGH	3
MID	2
LOW	1

Answer below.

Country	Order of level of secrecy (highest =1, lowest = 6)
A	?

B

?

C

?

D

?

E

?

F