Which of the Following Is a Significant Impact on Czech

question 28

Multiple Choice

Which of the following is a significant impact on Czech Republic accounting?

• A) The accession to the EU.
• B) A business economics approach to accounting in the Czech Republic has resulted in widespread use of inflation-adjusted accounting.
• C) The effect of tax law is minimal, because tax and book accounting are not allowed to be the same.
• D) The Nordic legal tradition has had a strong impact on accounting standards and practices.

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Definitions:

Mahatma Gandhi

An Indian lawyer, anti-colonial nationalist, and political ethicist who led the campaign for India's independence from British rule through nonviolent resistance.

Hypocritical

Characterized by behavior or a way of life that contradicts what one claims to believe or feel, often involving pretense or duplicity.

Human Rights

The basic rights and freedoms that belong to every person in the world, from birth until death, based on the principle of respect for the individual.

World War II

A global conflict that lasted from 1939 to 1945, involving most of the world's nations, including all the great powers, eventually forming two opposing military alliances: the Allies and the Axis.