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lesantik [10]
3 years ago
11

What are the sources of pressure that change and influence the development of gaap?

Biology
1 answer:
Aloiza [94]3 years ago
3 0

GAAP (generally accepted accounting principles) is a group of commonly observed accounting rules and standards used for financial reporting. GAAP is designed to make sure that financial reporting is clear, and accurate from one organization to another.  

The sources of pressure that change and influence the development of GAAP are numerous, and they include academicians, governmental agencies, private companies, practicing accountants, professional accounting bodies, and public opinion.


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Answer: 1. a. logistics model of growth

2. a. environmental conditions

3. b. all limiting factors

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3. b. Limiting factor is the one which limit the chances of survival and growth of a particular species in an ecosystem. For example, scarcity of food, here food is the limiting factor.

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