Which of the following characteristics does $\underline{not}$ describe the Anglo-Saxon model of financial reporting?

Question

Which of the following characteristics does  $\underline{not}$ describe the Anglo-Saxon model of financial reporting?

Quizplus · Accepted Answer

The Anglo-Saxon model of financial reporting is characterized by a strong accounting profession, the importance of securities markets for raising equity capital, and an emphasis on the true and fair view of audited financial statements. However, strong governmental influence is not a characteristic of this model, as it emphasizes the role of markets and private entities in regulating financial reporting.

Which of the Following Characteristics Does not‾\underline{not}not​ Describe the Anglo-Saxon Model of Financial Reporting? A)A Strong Accounting

Which of the Following Characteristics Does $\underline{not}$ Describe the Anglo-Saxon Model of Financial Reporting?
A)A Strong Accounting