Explanation:
GAAP is a generally accepted accounting principle in U.S. it refers to common sets of accepted accounting principle, standards, procedures that the companies and its accountants must follow in order to compile their financial statement.
IFRS are sets of international accounting standards That specify how the financial statements will disclose different types of transactions and other activities. The International Accounting Standards Board (IASB) issues IFRS which defines precisely how accountants are required to maintain and record their accounts. In an attempt to have an universal accounting system, IFRS was developed so that business and accounts can be interpreted from industry to industry, and country to country.
A chemical formula shows the kinds and numbers of <u>atoms</u> in the smallest representative unit of a substance.
<u>Explanation:</u>
In chemistry, a formula unit is the empirical formula of "ionic or covalent network solid compound" that is used as an independent entity for "stoichiometric calculations". This formula is a representation of a molecule that uses chemical symbols.
The unit is the lowest whole number ratio of ions represented in an ionic compound. It gives the numbers of atoms representing the "smallest representative" unit of a substance. The number of atoms also tells us about the chemical and physical properties of the compound formed.
The answer is Noble gas because they have a full octet