Which of the Following Characteristics Does $\underline{not}$ Describe the Anglo-Saxon Model of Financial Reporting?
A)A Strong Accounting

Multiple Choice

Which of the following characteristics does $\underline{not}$ describe the Anglo-Saxon model of financial reporting?

A) A strong accounting profession
B) Strong governmental influence
C) The importance of securities markets for raising equity capital
D) An emphasis upon the true and fair view of audited financial statements