Accounting is an objective,fact-based discipline and not influenced by culture.

Name: Accounting is an objective,fact-based discipline and not influenced by culture.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Accounting is influenced by culture in various ways, such as accounting standards, tax laws, reporting practices, and ethical norms. Culture also shapes how financial information is interpreted and used by stakeholders. Therefore, accounting cannot be considered purely objective and culture-free.

Accounting Is an Objective,fact-Based Discipline and Not Influenced by Culture