Influence countrys financial reporting practices

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Which of the following statements best describes factors that influence a country's financial reporting practices?

A country’s financial reporting practices are influenced by cultural, legal, economic and political factors

A country’s financial reporting practices are influenced by exchange rates, infrastructure, accounting regulators, and population growth

A country’s financial reporting practices are influenced by the gross national product, the Nasdaq, inflation and stock trading

A country’s financial reporting practices are influenced by common law, code law, accounting law and civil law

None of the above.

Reference no: EM131264192

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