what is GAAP?
Answers were Sorted based on User's Feedback
Answer / narayana.mrs
Generally accepted accounting principles, conventions,
rules and provedures necessary to define accepted
accounting practce at particulartime.the highest level of
such principles are set by the finacial accounting
standards board
Is This Answer Correct ? | 11 Yes | 0 No |
Answer / murali. r
Generally Accepted Accounting Principles. A widely accepted
set of rules, conventions, standards, and procedures for
reporting financial information, as established by the
Financial Accounting Standards Board.
Is This Answer Correct ? | 6 Yes | 0 No |
Answer / sarika ghadge
Generally Accepted Accounting Principles.
Is This Answer Correct ? | 4 Yes | 0 No |
Answer / nimmasudhakar reddy
genarally accepted acounting principles .widly rulus
,convention , procidures and reporting
Is This Answer Correct ? | 1 Yes | 0 No |
Answer / deepak tiwari
GENERALLY ACCEPTED ACCOUNTING PRINCIPLES. GAAP consist of
rules and procedures that defines accepted accounting practices.
Is This Answer Correct ? | 0 Yes | 0 No |
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