Question: Question 7 Generally Accepted Accounting Principles ( GAAP ) are best defined as: Standards for presenting financial a ccounting information: The group of individuaks that
Question
Generally Accepted Accounting Principles GAAP are best defined as:
Standards for presenting financial a ccounting information:
The group of individuaks that create and enforce al accounting rules
Rules that best estimate proftab ility for a company.
Governmentmandated rules that companies nust follow.
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