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IRINA_888 [86]
4 years ago
8

The initials GAAP stand for a.general accounting procedures b.generally accepted accounting principles c.generally accepted acco

unting practices d.generally accepted plans
Business
1 answer:
qwelly [4]4 years ago
7 0

Answer:

The answer is b) generally accepted accounting principles

Explanation:

GAAP implies a series of procedures, principles and procedures that companies and their contacts must follow when they write the financial statements. Consult both the rules imposed by regulators, and the accepted principles for transmitting accounting information. The main objective of the GAAP is to establish a basis in the transmission of accounting information, so that it can be interpreted by all. The GAAP principles are mainly used in the United States, since in Europe the regulators affected another set of standards, such as IFRS (International Financial Reporting Standards).

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artcher [175]
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2 years ago
In the short run, an increase in the aggregate price level caused by a shift in the aggregate demand curve first causes:
ra1l [238]

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Explanation:

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3 years ago
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Answer with Explanation:

The possible descriptive terms which describes the background a person may have are listed below:

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There are number of descriptive terms that can shed light on the behaviour and background of the person.

4 0
3 years ago
Which of the following is included in the balance sheet? A. Revenue B. Salaries expense C. Utilities expense D. Accounts payable
Shkiper50 [21]
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3 0
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max2010maxim [7]

Answer:

The answer is B.

Explanation:

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