Which of the Following Does $\underline{not}$ Describe the Continental Model of Financial Reporting?
A)A Weak Accounting

question 7

Multiple Choice

Which of the following does $\underline{not}$ describe the continental model of financial reporting?

• A)A weak accounting profession
• B)Strong governmental influence
• C)The primacy of investor needs over tax influences and creditor needs
• D)Emphasis of debt financing over equity capital

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Sarbanes-Oxley Act of 2002

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