Developed Nations Tend to Have Far More Sophisticated Accounting Practices

Developed nations tend to have far more sophisticated accounting practices than less developed countries because:

A) they have large organizations whose accounting problems are more straightforward than those of small organizations.
B) the workforce in these countries is highly educated and skilled and can perform complex accounting functions.
C) their accounting practices have been inherited from their former colonial rulers.
D) their financial systems are highly controlled by their respective governments and other international regulatory bodies.