Question: What does the acronym GAAP stand for? a ) Generally Accepted Accounting Principles b ) Governmental Accounting and Auditing Practices c ) General Accounting and

What does the acronym GAAP stand for?
a) Generally Accepted Accounting Principles
b) Governmental Accounting and Auditing Practices
c) General Accounting and Auditing Policies
d) Generally Accredited Accounting Practices

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