Question: In countries such as the U . S . , there is great demand for public disclosure of accounting information. What is the reason for
In countries such as the U S there is great demand for public disclosure of accounting information. What is the reason for this?
A Corporate management isn't trustworthy.
B Businesses rely heavily on financing through issuance of stock to the public.
C The American populace is better able to read financial statements than people in other countries.
D US government officials are generally members of corporate boards of directors and can get all the information they require.
points
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