How will the lack of the accounting standards impact the U.S. economy? Select a Choice Below current question choices OptionA In the absence of accounting standards, less capital will be available, resulting in less development and expansion of businesses. OptionB In the absence of accounting standards, there will be no possibility of fraud and misstatements in financial statements, as companies cannot make any accounting assumptions. OptionC In the absence of accounting standards, financial statements will show no profits and working capital can be estimated more accurately. OptionD In the absence of accounting standards, the resulting financial statements will be more comparable