An employer with 15 employees must comply with COBRA.

a. true
b. false

Answer: b. false

Business

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Why does German accounting practice differ from IFRS?

A. German accounting rules are much more specific in most areas than IFRS. B. German accounting law is less specific in some respects than IFRS. C. Germany has not adopted a policy on accounting standard harmonization. D. Germany is not interested in foreign direct investment.

Business

Under negligence, a person is liable only for ________ events

A) intervening B) foreseeable C) superseding D) overruling

Business