_____ Which of the Following Is False Concerning U

_____ Which of the following is false concerning U.S. GAAP relative to GAAP of Western European countries in general?

A) U.S. GAAP requires more disclosure of lines of business than Western European GAAP.
B) Western European GAAP requires more detailed information for interim financial reporting.
C) Western European GAAP is largely based on tax laws.
D) Some Western European countries allow wide latitude in smoothing out earnings.
E) None of the above.