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Q The Prices and Incomes Board when

11th November 1966
Page 83
Page 83, 11th November 1966 — Q The Prices and Incomes Board when
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Which of the following most accurately describes the problem?

reporting on road haulage rates suggested that there was opportunity to promote greater accounting responsibility in the industry by exchange of comparative information. What is being done in this respect within the Common Market?

ARecently representatives of the pro

fessional organizations of road hauliers within the European Economic Community have endorsed the action begun by the EEC Commission to standardize their accountancy.

It was recognized that the essential objective was to provide a rational management instrument since this had been made increasingly necessary with the implementation of a common transport policy. Discussions are proceeding to assemble complete documentation as exists at present and the practices followed in the various countries regarding accountancy, and to examine the needs of the various types of enterprises with regard to costing.