Which of the following statements best describes factors that influence a country's financial reporting practices?
A country’s financial reporting practices are influenced by cultural, legal, economic and political factors
A country’s financial reporting practices are influenced by exchange rates, infrastructure, accounting regulators, and population growth
A country’s financial reporting practices are influenced by the gross national product, the Nasdaq, inflation and stock trading
A country’s financial reporting practices are influenced by common law, code law, accounting law and civil law
None of the above.