Countries throughout the world typically
A)pay extremely large dividends to shareholders.
B)rely heavily on local stock and bond markets.
C)have less comprehensive accounting disclosure requirements than the U.S.
D)carry a normal debt/equity ratio that is less than 25%.

Question

Quizplus · Accepted Answer

The statement is false as many countries have more comprehensive accounting disclosure requirements compared to the U.S, such as the International Financial Reporting Standards (IFRS) adopted by many countries. Therefore, option C is the correct answer.

Countries Throughout the World Typically