1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
KATRIN_1 [288]
3 years ago
5

True or False: As long as the information reported follows the generally accepted accounting principles (GAAP) guidelines, accou

ntants in a firm have the liberty to use personal judgment to report transactions in the firm’s financial statements.
Mathematics
1 answer:
olchik [2.2K]3 years ago
5 0

Answer:

The given statement is true.

Step-by-step explanation:

Yes this is true.

GAAP is a collection of certain standard accounting rules for financial reporting.

Few general principles of GAAP guidelines are :

1. Principle of Regularity.

2.  Principle of Sincerity.

3. Principle of Consistency.

4. Principle of Non-Compensation.

5. Principle of Continuity.

You might be interested in
If someone could help me with this that would be great!!! TYSM
likoan [24]

Answer:

1005 ft squared (B)

Step-by-step explanation:

The far left area:

30*15=450

The middle area:

-Since there is an eight feet being subtracted it is:

22*15=330

The last side:

-Since there is two 15's at the bottom we must subtract 30 from 45:

15*30*1/2=225

Add the area together:

450+330+225=1005

1005 ft squared

3 0
3 years ago
Read 2 more answers
What number is understood to be the<br> coefficient (number in front of) of x2 <br> a) 0 B) 1
solong [7]

Answer:

1

Step-by-step explanation:

7 0
3 years ago
Jimmy has listed the amount of money in his wallet for each of the last ten days. He decides to remove day 7, as that was payday
abruzzese [7]

Answer:

The mean will reduce

Step-by-step explanation:

The total amount of money for the ten days divided by number of days will give mean 1, M₁

Removing the value for day seven will reduce the sum of money as it will be for 9 days only.In finding the mean, you will divide by 9 days to get mean M₂

Mean M₂ < M₁

8 0
3 years ago
Can someone help me really please
NARA [144]

Answer:

b

Step-by-step explanation:

3/3 = 1

4 0
2 years ago
Read 2 more answers
What is 45x350= what is the answer
Tcecarenko [31]

Answer:

15750

Step-by-step explanation:

5 0
2 years ago
Read 2 more answers
Other questions:
  • All students who have taken out a Stafford Loan have a _____ grace period to begin repayment after they graduate, leave school,
    12·1 answer
  • What’s the angle of B in the triangle?
    5·2 answers
  • PLEASE HELP!!!!
    6·1 answer
  • The enrollment at roosavelt high school is 1,045 students which is 5 times the enrollment of Truman middle school. How many stud
    8·1 answer
  • HELP ME PLEASE<br> √-288
    5·2 answers
  • Assume that in a statistics class the probability of receiving a grade of A equals .30 and the probability of receiving a grade
    8·1 answer
  • HELPPPPPP!!!!
    13·1 answer
  • the lines whose equations are 7x-3y=1 and 6x+y=8 intersect at one point. What is the x-coordnate at that point
    14·1 answer
  • Find the height of a triangle if the area is 42 square units and the base is 7 units.
    9·1 answer
  • 3 Find mLABC.<br> A<br> (50-x)<br> ✓<br> B<br> 80°<br> (2x + 40)°<br> D
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!