Question 11. 11. Which of the following statements best describes factors that influence a country's financial reporting practices? (Points : 2)

A countrys financial reporting practices are influenced by cultural, legal, economic and political factors A countrys financial reporting practices are influenced by exchange rates, infrastructure, accounting regulators, and population growth A countrys financial reporting practices are influenced by the gross national product, the Nasdaq, inflation and stock trading A countrys financial reporting practices are influenced by common law, code law, accounting law and civil law None of the above