Which of the following is incorrect regarding Nobes's judgmental classification of financial reporting systems? The classification is based on legal compliance and full disclosure models. Within the micro-based class of accounting systems, there is a subclass heavily influenced business economics and accounting theory. The terms micro-based and macro- uniform describe the Continental European and the Anglo-Saxon models, respectively. This hierarchical classification model can be used a blueprint for determining where financial statements comparability was likely to be greater.