What body currently develops accounting standards in Germany?

A. German Accounting Standards Committee
B. German Ministry of Justice
C. Bundestag
D. Chamber of Auditors

Ans: A. German Accounting Standards Committee

Business

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An invoice is a request by the seller for payment from the purchaser

Indicate whether the statement is true or false

Business

A manufacturer of athletic equipment is finding it difficult to compete with cheaper imported merchandise. Which of the following is a potential source of new product ideas?

a. the company's former employees b. customers who have requested its catalogues c. current retailers that owe the company money d. its foreign suppliers

Business