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The Development of Capital Markets Is Directly Related to Demands

Question 36

Multiple Choice

The development of capital markets is directly related to demands placed on accounting systems,so:


A) highly developed capital markets demand sophisticated accounting systems.
B) highly developed capital markets have no use for accounting systems.
C) highly developed capital markets need the support of only the most basic accounting systems.
D) highly developed capital markets function without regard to the accounting system.

Correct Answer:

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