Explain the factors which have led to the differences in accounting standards among nations.

Name: Explain the factors which have led to the differences in accounting standards among nations.
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Question

Quizplus · Accepted Answer

The Answer is 1. Social and cultural values
2. Political and legal systems
3. Business activities and economic conditions
4. Standard-setting processes
5. Forms of ownership and capital markets
6. Cooperative efforts between nations

Explain the Factors Which Have Led to the Differences in Accounting