Question: GAAP: Generally Accepted Accounting Principles, is defined as: (A) The set of assets, liabilities and capital; that define what accounting practice is (B) The set
GAAP: Generally Accepted Accounting Principles, is defined as: (A) The set of assets, liabilities and capital; that define what accounting practice is (B) The set of laws that define financial accounting (C) The set of standards and methods that define accounting practice (D) The set of norms that define private practice
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