Answer:
A. The set of commonly used accounting standards in the U.S.
Explanation:
Generally Accepted Accounting Principles (GAAP) can be defined as the set of commonly used accounting standards in the U.S.
This ultimately implies that, the United States of America, Generally Accepted Accounting Principles (GAAP) is the accounting principles, procedures and standard issued by the Financial Accounting Standards Board (FASB) and adopted by the United States of America, Securities and Exchange Commission (SEC).
Hence, when accountants prepare and compile financial statements for public firms, it must be in line with United States of America, Generally Accepted Accounting Principles (GAAP).
The U.S GAAP is issued by the Financial Accounting Standards Board (FASB) and adopted by the U.S. Securities and Exchange Commission (SEC).
Answer:
Compound sentence.
Explanation:
A compound sentence is one where there are two or more independent clauses joined together by coordinating conjunctions such as "and, but, or, so" etc. or a comma, semicolon, etc. It also can be identified by the presence of a subject and a predicate in the sentence.
In the given sentence <em>"I love this study, and I am going to continue in it"</em>, we can correctly say that it is a compound sentence. First is the presence of two independent clauses "I love this study" and "I am going to continue in it". Moreover, the two are joined by the comma and coordinating conjunction "and". It also contains the subject "I" and a predicate "love this study" and "am going to continue".
Thus, the correct answer is a compound sentence.
Answer:
Present perfect
Explanation:
The tense of the italicized verb 'have moved' would be present perfect as it denotes a past event/action having its present consequences. <u>Present perfect tense primarily functions to express the actions that took place before now at an unspecified time</u>. It combines the present(through use of 'have') and past(by showing perfection or completion of the action 'moved') and that's how it signals the association between the past and the present. Thus, <em>the use of 'have' followed by past participle signals that present perfect tense is employed in the sentence</em>.
(in mythology and fairy tales) a mischievous imp or sprite.
