Question: Considering the groups of countries below. How are these two groups expected to differ with respect to the accounting values of conservatism and secrecy? Why

Considering the groups of countries below. How are these two groups expected to differ with respect to the accounting values of conservatism and secrecy? Why is this important?

Group 1: Australia, Canada, Ireland, New Zealand, South Africa, the United Kingdom, and the United States

Group 2: Colombia, Costa Rica, Ecuador, El Salvador, Guatemala, Mexico, Panama, Peru, Portugal, Uruguay, and Venezuela

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