Question: 4. Generally accepted accounting principles are specific rules for aounting for transactions occurring in a business enterprise. Examples may be any of the opinions of

4. Generally accepted accounting principles are specific rules for aounting for

4. Generally accepted accounting principles are specific rules for aounting for transactions occurring in a business enterprise. Examples may be any of the opinions of the FASB, such as accounting for leases, pensions, or fair value assets. Define the three categories of auditing standards

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