Advanced Accounting 10th Edition by Thomas Schaefer, Joe Ben Hoyle, Timothy Doupnik

تمرين 4

Which of the following could explain why accounting is more conservative in some countries than in others a.Accounting is oriented toward stockholders as a major source of financing.
B)Published financial statements are the basis for taxation.
C)A common law legal system is used.
D)Full disclosure in financial statements is emphasized.