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What is GAAP ?

Answers were Sorted based on User's Feedback



What is GAAP ?..

Answer / guest

Generally Accepted Accounting Principles.

Is This Answer Correct ?    52 Yes 1 No

What is GAAP ?..

Answer / bikram

generally accepted accounting principal

Is This Answer Correct ?    19 Yes 4 No

What is GAAP ?..

Answer / sreedhaam

Generally Accepted Accounting Principles it is a standard
framework of guidelines for financial accounting used in
any given jurisdiction; generally known as accounting
standards. GAAP includes the standards, conventions, and
rules accountants follow in recording and summarizing, and
in the preparation of financial statements.

Is This Answer Correct ?    14 Yes 0 No

What is GAAP ?..

Answer / snigdha mohanty

Generally acccepted accounting principles

Is This Answer Correct ?    9 Yes 1 No

What is GAAP ?..

Answer / rajesh

GAAP refers to generally accepted priciples.which are
bascially divided into 2 concepts and conventions.

Is This Answer Correct ?    4 Yes 2 No

What is GAAP ?..

Answer / bala

generally accepted accounting principles

Is This Answer Correct ?    2 Yes 0 No

What is GAAP ?..

Answer / ravindra l

Generally accepted accounting pratices

Is This Answer Correct ?    4 Yes 10 No

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