In accordance with GAAP, the action you should take when the company was served with a lawsuit is to provide a disclosure on financial statements regarding the pending litigation.
<h3>What is GAAP?</h3>
GAAP means Generally accepted accounting principles which is a accounting standards that guides the details, complexities and legalities of accounting.
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In conclusion, the action you should take when the company was served with a lawsuit is to provide a disclosure on financial statements regarding the pending litigation.
Missing word"The outcome of the litigation will not be determined for several months, but it could result in a materially large settlement to be paid by your corporation. According to GAAP, what action should you take?"
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Answer:
yes she should have a phone just in case anything happens
Answer:
I think the answer is B)major
Explanation:
hope this helps if not let me know have a blessed day
The information that could reasonably be expected to cause serious damage to national security if disclosed without authorization is a secret.
<h3>What is cyber awareness?</h3>
It should be noted that cyber awareness is to the level of awareness and understanding that end users have about cybersecurity best practices.
A good practice to protect classified information is to ensure proper labeling by appropriately marking all classified material and, when required, sensitive material.
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<u>Complete question:</u>
What type of information could reasonably be expected to cause serious damage to national security if disclosed without authorization?
