Optimism is a value of accounting standards that would most likely be found in which country?

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Optimism is a value of accounting standards that is most likely found in countries like Australia, where accounting standards are principles-based and focus on providing information that is relevant and useful to investors and other stakeholders. These standards are characterized by a high degree of professional judgment, which allows for a more optimistic outlook on the future performance of a company. Japan, on the other hand, is known for its conservative accounting standards, while Mexico and Brazil have mixed approaches to accounting standards.

Optimism Is a Value of Accounting Standards That Would Most