For the factors listed below, indicate whether they significantly contribute to the practice of reporting financial statements periodically (annually or quarterly).

Significant contributor Yes or No:

a. Improved technological capability (computers, Internet)

b. A diffuse investor base comprising many people

c. Increased pace of business transactions

d. Invention of the printing press

e. Establishment of regulators such as the Ontario Securities Commission

f. Creation of indefinite-life entities such as corporations

g. Establishment of professional accounting organizations