The Development of Capital Markets Is Directly Related to Demands

question 50

Multiple Choice

The development of capital markets is directly related to demands placed on accounting systems,so:

• A)highly developed capital markets demand sophisticated accounting systems.
• B)highly developed capital markets have no use for accounting systems.
• C)highly developed capital markets need the support of only the most basic accounting systems.
• D)highly developed capital markets function without regard to the accounting system.

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Definitions:

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A concept in psychology that suggests certain behaviors might originate from past motivations but continue independently of those original reasons due to new motivations.

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