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Select all that apply. Countries that score high on Hofstede's uncertainty avoidance dimension are likely to have accounting standards that: are in large part decided
Select all that apply. Countries that score high on Hofstede's uncertainty avoidance dimension are likely to have accounting standards that:
are in large part decided by accountants themselves through independent professional bodies
are flexible in accordance with the perceived circumstances of individual companies
emphasize transparency with an open and publicly accountable approach
use a cautious approach to measurement to cope with uncertain events
are based on compliance with prescriptive, statutory legal requirements
are risk taking and tend to be liberal in their recognition of income
are uniform between companies and across time
emphasize secrecy and a preference for the restriction of disclosure of information
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