It is generally believed that the 1997 financial crisis in East Asia was partly due to accounting factors in that part of the world. Which of the following accounting values was lacking in that part of the world, and thereby contributed to the crisis?
A. Professionalism
B. Statutory control
C. Uniformity
D. Transparency
Answer:D
It is generally believed that the 1997 financial crisis in East Asia was partly due to accounting factors in that part of the world. Which of the following accounting values was lacking in that part of the world, and thereby contributed to the crisis?
A. Professionalism B. Statutory control C. Uniformity D. Transparency