QUESTION 2 'A large list of possible causes of international differences can be found in the writings of previous researchers (e.g. Choi and Meek, 2008; Radebaugh, Gray and Black, 2006). Some researchers have used their estimates of such causes as a means of classifying countries by their accounting systems. Other researchers have studied whether perceived differences in accounting practices correlate with perceived causal factors'. (Nobes and Parker, 2012, p28) Required: a. Explain the differences between a provision and a reserve, and show how the definition of provision is wider in some countries than in others. (8 marks) b. Discuss the degree to which international cultural differences might explain accounting differences. (12 marks) (Total: 20 marks)