Which of the Following Statements Is True About Accounting in China

question 8

Multiple Choice

Which of the following statements is true about accounting in China?

• A)Accounting has a long history,dating back thousands of years.
• B)The first professional accounting body in the People's Republic of China was established in 1988.
• C)The philosopher Confucius taught about accounting.
• D)All of the statements above are true.

Understand the legal foundations of involuntary hospitalization in Canada.

Differentiate between mental disorders and conditions not classified as such within the legal context.

Recognize the prevalence of serious mental disorders in Canada.

Identify features and limitations of mental disorders under the law.

---

Definitions:

Domestic Subsidies

Financial supports provided by a government to local businesses or sectors to boost their competitiveness or manage the cost of their products and services.

Import Licensing

A governmental procedure requiring a permit or license to be obtained before goods can be imported into a country, often used to control the volume of imports.

Investment Securities

Financial instruments that can be bought, sold, or traded, such as stocks, bonds, or options.

Foreign Stocks

Shares of companies that are based outside of an investor's own country, offering a way to gain exposure to international markets and diversify investment portfolios.