Solved

Which of the Following Is Not a Characteristic of the Continental

Question 13

Multiple Choice

Which of the following is not a characteristic of the Continental European model of financial accounting and its regulation?


A) It has been strongly influenced by government and the banking sector.
B) It relies on qualitative requirements, such as 'true and fair', rather than accounting rules.
C) There is a strong association between accounting methods and the tax rules in place.
D) Information tends to be of the nature that protects creditors rather than investors.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents