Generally accepted accounting principles (GAAP) means: A. A set of unwritten principles based on company practices. B.
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‘Generally accepted accounting principles’ (GAAP) means:
A. A set of unwritten principles based on company practices.
B. The content of laws on accounting, as imposed by government regulatory agencies.
C. The written and unwritten requirements of financial reporting that are imposed on some entities.
D. The accounting rules that most companies in practice choose.
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Related Book For 
Financial Accounting An International Introduction
ISBN: 9781292102993
6th Edition
Authors: David Alexander, Christopher Nobe
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