Which of the following is not a reason one set of international accounting standards are needed?

A) Multinational corporations.
B) Financial markets.
C) Information technology.
D) All of these answer choices are correct.

International Accounting Standards

A set of accounting guidelines that aim to standardize accounting practices across countries, facilitating the comparison of financial statements globally.

Multinational Corporations

Large corporations that operate and provide goods or services in multiple countries.

Information Technology

The study or use of systems (especially computers and telecommunications) for storing, retrieving, and sending information.