Question: Generally accepted accounting principles are: the guidelines used to resolve ethical dilemmas. fundamental truths that can be derived from the laws of nature. a set

Generally accepted accounting principles are:
the guidelines used to resolve ethical dilemmas.
fundamental truths that can be derived from the laws of nature.
a set of standards and rules that are recognized as a general guide for financial reporting.
usually established by the Internal Revenue Service.
 Generally accepted accounting principles are: the guidelines used to resolve ethical

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