What do you mean by G.A.A.P :

1.	What do you mean by G.A.A.P :
Answer» Answer: GENERALLY accepted ACCOUNTING principles Generally accepted accounting principles, or GAAP, are a set of rules that encompass the details, complexities, and legalities of business and corporate accounting. The Financial Accounting Standards Board (FASB) uses GAAP as the foundation for its comprehensive set of approved accounting methods and PRACTICES.

Answer»

Answer:

GENERALLY accepted ACCOUNTING principles

Generally accepted accounting principles, or GAAP, are a set of rules that encompass the details, complexities, and legalities of business and corporate accounting. The Financial Accounting Standards Board (FASB) uses GAAP as the foundation for its comprehensive set of approved accounting methods and PRACTICES.

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What do you mean by G.A.A.P :

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