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
Solve the equation that finds the number of pennies he will pay you after the 9th dog grooming job
iVinArrow [24]

Answer:

Step-by-step explanation:

4 0
3 years ago
Describe real life situations that use parallel lines ?????
Anna71 [15]
A bed making a frame
A tv
A window
These are my answers
5 0
3 years ago
Read 2 more answers
8(2x - 2) = 48 <br><br> X=___<br><br><br> Plzz help hurry...
Varvara68 [4.7K]

Answer:

2

Step-by-step explanation:

6 0
3 years ago
Read 2 more answers
Write a exponential function of 1600 by5.6%
NeX [460]

Step-by-step explanation:

If there is a growth of 5.6% per time unit. The function is

f(t) = 1600 * (1.056)^t

3 0
3 years ago
A rectangular prism holds 450 cm of water. What is the height of the prism, in
motikmotik

Step-by-step explanation:

see the photo for the answer

7 0
3 years ago
Other questions:
  • Mike's sister is away at college, and he wants to mail her a 34 in. Softball bat. The packing service sells only one kind of box
    15·1 answer
  • Which of the following is a characteristic of a line?
    5·1 answer
  • Select a true conclusion
    15·2 answers
  • Please help will give BRAINLIEST
    14·1 answer
  • How to solve which one is closest to 27.8 × 9.6
    11·1 answer
  • Water coming out from a fountain is modeled by the function f(x) = -x2 + 6x + 6 where f(x) represents the height, in feet, of th
    5·2 answers
  • 4379_ 1243 işleminde eksilen sayıyı en yakın sayıyı en yakın yüzlüğe ,çıkan sayıyı ise en yakın binliğe yuvarlayıp tahmin sonucu
    14·1 answer
  • Which expression is equivalent to: 7a + 5 (Give an explanation)
    9·1 answer
  • Which of the following equations has a slope of 3?
    6·1 answer
  • C
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!