Answer:
B. specific rules for accounting for transactions occurring in a business enterprise established by FASB.
Explanation:
An accounting principle is an axiom of doctrines and theories relating to accounting disciplines and is therefore unchanging in time and space. As accounting practice and accounting science were organized and structured, researchers sought to identify and compile the guiding principles, in particular the function of recording all facts affecting an entity's assets. Accounting principles have become rules to be followed and accepted by everyone, and today they constitute the main theory that underpins and underlies accounting.
Generally accepted accounting principles are specific rules for accounting for transactions that occur in a company established by the FASB.
a light fuel oil obtained by distilling petroleum, used especially in jet engines and domestic heaters and lamps and as a cleaning solvent
Answer: The Roman Republic describes the period in which the city-state of Rome existed as a republican government, from 509 B.C. to 27 B.C. Rome's republican government is one of the earliest examples of representative democracy in the world. Prior to the republic, Etruscan kings who lived nearby in central Italy ruled Rome
Explanation:
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