Which of the Following Statements Is Correct

Which of the following statements is correct?

A) There have been no significant observed differences in the capital structures of S.A.corporations in comparison to their Swaziland and Namibia counterparts.
B) Different countries use essentially the same international accounting conventions with respect to reporting assets on a historical versus replacement cost basis.
C) An analysis of both bankruptcy and equity reporting costs leads to the conclusion that S.A.firms should have more equity and less debt than firms in Namibia and Swaziland.
D) Equity monitoring costs are higher in South Africa than in Namibia and Swaziland.
E) Debt monitoring costs are probably lower in South Africa than in Namibia and Swaziland.