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Some foreign countries have reporting standards that are different from standards in Canada for all of the following reasons except: A. the objectives of financial

Some foreign countries have reporting standards that are different from standards in Canada for all of the following reasons except:

A. the objectives of financial reporting often differ among countries.

B. strong nationalist tendencies may be pervasive and therefore there is reluctance to adopt any one countrys approach.

C. the influence of financial institutions.

D. the institutional structures are often not comparable.

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