Which of the following based their accounting system on code law?

Question

Quizplus · Accepted Answer

France is based on code law, which emphasizes comprehensive legal codes as a means of regulating society. This extends to accounting practices, which are governed by the Commercial Code and set forth in great detail. The United Kingdom, Japan, and Sweden, in contrast, are based on common law, which relies more heavily on judicial decisions and established precedents.

Which of the Following Based Their Accounting System on Code