Which of the Following Is True Concerning the Impact of the United

question 35

Multiple Choice

Which of the following is true concerning the impact of the United Nations on accounting?

• A) The U.N. generally represents the wishes of industrial countries.
• B) It has been more effective at monitoring accounting practices than at setting accounting standards.
• C) It has not been able to establish guidelines for accounting practices due to internal disagreements.
• D) It has been interested in nonfinancial rather than financial disclosures.

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