Accounting practices are affected by all of the following except:

Question

Quizplus · Accepted Answer

All of the given options affect accounting practices. Political and economic systems determine the rules and regulations that govern accounting practices in a country. Technology and infrastructure determine the methods and tools available for accounting transactions and record-keeping. Therefore, all three factors - political systems, economic systems, and technology and infrastructure - affect accounting practices.

Accounting Practices Are Affected by All of the Following Except