Financial reporting philosophies differ across countries.These philosophies evolve from and reflect several factors including all of the following except

A) the language(s) spoken in the country.
B) the specific political institutions within the country.
C) the specific financial institutions within the country.
D) the country's social customs.

Political Institutions

Structures and mechanisms of social order and cooperation governing the behavior of a set of individuals within a given human community.

Financial Institutions

Organizations that provide financial services, such as banks, insurance companies, and investment firms.

Social Customs

Traditional practices and norms that dictate behavior within specific communities or societies.