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
Can u help me with these , I’m very stressed and it must be turned in by tomorrow
Schach [20]
For 24 keep the orders of operation in mind. So first we'd work out what's in parentheses, so we'd start by doing 5-3, which is 2. We'd then add 2+2 to get 4. Then we multiply 16 and 4 to get 64. So the correct answer is 64.

For the second part of 24 we first multiply 3 and 4 to get 9. We would then subtract 17-9 to get 8. Finally, we'd add 8+2 to get 10. So the correct answer is 10.

As for 25, the answer is 6400 centimeters^3.
4 0
3 years ago
There are 3 red marbles and 8 blue marbles in a bag.
exis [7]
A) 3:11
b) 11:8
this should be correct
3 0
3 years ago
What is the surface area of a piece of pipe that is open at both ends, has a radius of 6 inches, and a height of 18 inches? (Use
Ratling [72]
i hope this helps you

7 0
3 years ago
What is 1+1 need help fast :0
Allushta [10]

Answer:

2

Step-by-step explanation:

add 1 plus 1 if you have 1 gummy and you add one you will have 2 gummies

3 0
4 years ago
Which statement about the relative areas of triangle ABC and triangle XYZ is true?
Naddika [18.5K]

Answer:

Step-by-step explanation:

8 0
3 years ago
Other questions:
  • Evulate a^2 - b^2 if a=4 and b= -2
    9·1 answer
  • Help, I’m no good with slope
    15·1 answer
  • . The pet store salesman told Evan to feed his dog 8 ounces of food per day. The food is sold in pounds. How many pounds does Ev
    14·1 answer
  • Identify A, B, and C in the equation x - 3y + 4 = 0.
    13·1 answer
  • Write an equation in standard form for each parabola.​
    9·1 answer
  • The weather forecaster says that there is a 49% chance of rain today. Which statement describes the likelihood that it will rain
    10·2 answers
  • HELP FAST!!
    15·1 answer
  • PLZ HELP WILL GIVE BRAINLIEST IF RIGHT!!!
    13·1 answer
  • What is <br>1. 2+2<br>2.8+9<br>3.1+1<br><br><br><br><br>​
    14·2 answers
  • Ary
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!