Which are constraints of French accounting
Which are constraints of French accounting? (choose 2)
A. Compliance with Plan Comptable Général (PCG)
B. Compliance with French tax laws
C. No need for documentation
D. No audit required
Answer: A, B
Explanation: French accounting is constrained by two key requirements: compliance with the Plan Comptable Général (PCG), which sets the standard account classification and rules, and compliance with French tax laws (e.g., income tax, VAT). Documentation is required for all transactions, and audits are mandatory for certain companies (e.g., public companies, large private companies).
