Generally accepted accounting principles are not needed to ensure that financial information is fairly presented in the
Question:
Generally accepted accounting principles are not needed to ensure that financial information is fairly presented in the operating results and financial positions of firms.
a. True
b. False
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The correctvanswer is b False Generally accepted accounting principles GAAP are a set of standards t...View the full answer
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Related Book For 
College Accounting A Contemporary Approach
ISBN: 9781260780352
5th Edition
Authors: David Haddock, John Price, Michael Farina
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