第一章 第一章Test Bank for Chapter 1 Multiple Choice Questions 1.Which of the following variables play a role in shaping accounting development?a.nature of capital marketsb.type of reporting regimec.type of business entitiesd.All of the above.e.Both a and c.2.High levels of financial disclosure are generally found in countriesa.where businesses raise their capital from a large and diverse investor/creditor group.b.where businesses raise their capital
