According to Gray's Framework for Accounting System Development, Which of the Following

question 5

Multiple Choice

According to Gray's framework for accounting system development, which of the following is directly affected by ecological influences, such as geography, demography, and technology?

• A) Accounting values
• B) Accounting systems
• C) Institutional consequences
• D) Cultural dimensions

---

Definitions:

Japan

An island country located in East Asia, known for its rich cultural heritage, advanced technology, and strong economy.

European Union

is a political and economic union of 27 European countries that are bound together by various treaties aimed at enhancing economic cooperation, free movement, and common external policies.

Brazil

Brazil is a large South American country known for its diverse culture, tropical landscapes, and as an emerging market within the global economy.

Merchandise Balance

reflects the difference between a country's exports and imports of physical goods, excluding services.