Which of the following historical reasons for accounting diversity could explain why accounting standards would be more detailed in some countries than in others? Multiple Choice Different legal...

Extracted text: Which of the following historical reasons for accounting diversity could explain why accounting standards would be more detailed in some countries than in others? Multiple Choice Different legal systems across countries. Political and economic ties between countries. Differences across countries in the extent to which financial statements are the basis for taxation. Different rates of inflation across countries.