How would you classify the accounting values of companies from the United States and the United Kingdom in terms of their measurement and disclosure of financial information?

Question

Quizplus · Accepted Answer

Companies from the United States and the United Kingdom are known for their transparent financial reporting practices. Additionally, U.S. accounting values can be characterized as optimistic, often reflecting a more positive outlook on future financial prospects, while U.K. values are typically more conservative, emphasizing prudence and caution in financial reporting.

How Would You Classify the Accounting Values of Companies from the United