The accounting standards in code law countries tend to be:
A. very detailed.
B. formulated by organizations such as the FASB.
C. stated broadly without much guidance on accounting procedures.
D. very conservative.
Answer:C
The accounting standards in code law countries tend to be:
A. very detailed. B. formulated by organizations such as the FASB. C. stated broadly without much guidance on accounting procedures. D. very conservative.