Relative to accounting standards in countries such as Germany, whose accounting laws are only 47 pages long, accounting practice in the U.S. is often described as being subject to:
A. standards overload.
B. standards minimization.
C. the optimal amount of accounting regulation.
D. ideal accounting standards.
Answer:A
Relative to accounting standards in countries such as Germany, whose accounting laws are only 47 pages long, accounting practice in the U.S. is often described as being subject to:
A. standards overload. B. standards minimization. C. the optimal amount of accounting regulation. D. ideal accounting standards.