Which of the following relates to accounting standards in the United States? Standards allow patients to choose the best doctors. The Generally Accepted Accounting Principles (GAAP) set of standards is the only accounting standard used in the United States. The accounting standards provide a means of achieving consistency in financial reporting. Creating accounting standards is a requirement to be a certified public accountant (CPA).

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The statement that relates to accounting standards in the United States is The Generally Accepted Ac... View the full answer