Which of the following historical reasons for accounting diversity could explain why accounting standards would be more

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Which of the following historical reasons for accounting diversity could explain why accounting standards would be more detailed in some countries than in others?

a. Different rates of inflation across countries

b. Different legal systems across countries

c. Differences across countries in the extent to which financial statements are the basis for taxation

d. Political and economic ties between countries

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Advanced Accounting

ISBN: 9781260247824

14th Edition

Authors: Joe Ben Hoyle, Thomas Schaefer, Timothy Doupnik

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Question Posted: Jul 23, 2020 08:54 AM

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Which of the following historical reasons for accounting diversity could explain why accounting standards would be more

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Advanced Accounting

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