Question: The generally accepted accounting principles ( GAAP ) are Group of answer choices rules that outline how a firm can operate ethically. rules on how

The generally accepted accounting principles (GAAP) are
Group of answer choices
rules that outline how a firm can operate ethically.
rules on how the firm will be valued in the event of a merger.
rules and procedures that define how companies are to maintain financial records and prepare financial reports.
rules for how a company can issue stock to raise money.

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