The Fact That the U

Multiple Choice

The fact that the U.S. has a free enterprise system has all of the following consequences for accounting, except:

A) Companies try to keep certain information secret, for competitive reasons.
B) Reporting tends to be from the perspective of the workers, not the owners.
C) Companies are allowed to choose among different accounting methods, instead of having to all use the same methods.
D) Companies generally do not try to measure the social value of their operations.