Which of the Following Accurately Reflects Japanese Accounting

question 1

Multiple Choice

Which of the following accurately reflects Japanese accounting?

• A) Accounting standards tend to be more detailed in the law than is the case in Germany and France.
• B) A true and fair view concept is not acceptable due to the strength of the law.
• C) There is a tendency to follow a business economics approach to valuation.
• D) Tax law is a major influence as corporate tax returns must be base on the annual accounts approved by shareholders.

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Definitions:

Self-pollination

A process in plants where pollen from one flower fertilizes ovules of the same flower or another flower on the same plant.

Self-incompatibility Genes

Genetic mechanisms in plants that prevent inbreeding and promote cross-pollination by inhibiting fertilization by pollen from the same or closely related individuals.

Sexual Reproduction

Sexual reproduction is a biological process where organisms produce offspring through the combination of genetic materials from two different cells.

Fusion

The process or result of joining two or more things together to form a single entity.