Which of the Following Accurately Reflects British Accounting

Multiple Choice

Which of the following accurately reflects British accounting?

A) The company law in Britain is fairly narrow, because it only applies to companies listed on the London Stock Exchange.
B) There is significant influence by the accountancy profession and the stock exchange as compared with Germany.
C) The European Union has not had much of an influence on British accounting due to the primacy of the true and fair view.
D) The Accounting Standards Board is funded and controlled by the Ministry of Trade and Industry rather than the independent profession.