Ask Question
Social StudiesSocial Studies
21 October, 02:06

Generally Accepted Accounting Principles (GAAP) are currently formulated by the A. American Institute of Certified Public Accountants (AICPA). B. Institute of Management Accountants (IMA). C. Financial Accounting Standards Board (FASB). D. Securities and Exchange Commission (SEC).

+2
Answers (1)
  1. 21 October, 02:14
    0
    Generally Accepted Accounting Principles (GAAP) are currently formulated by the Financial Accounting Standards Board (FASB)

    Explanation:

    Generally Accepted Accounting Principles (GAAP) are accepted accounting principles. These principles must be followed for companies when they make their financial statements. GAAP are currently formulated by the Financial Accounting Standards Board (FASB). The FASB is the institution whose stablish the accounting rules.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Generally Accepted Accounting Principles (GAAP) are currently formulated by the A. American Institute of Certified Public Accountants ...” in 📗 Social Studies if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
As for this city's government, I don't want to say much, except that it is a shame - a shame; but if I should live twenty-five years longer - and there is no reason why I shouldn't - I think I'll see women handle the ballot.
Answers (1)
Why does the shape of the moon look different on different days of the month?
Answers (2)
Which statement best describes the circular flow model a - The model represents the movement of money and resources throughout the economy b-the model represents the interactions within the sectors c-the model represents the flow of goods and
Answers (1)
Coworkers bob and tom were comparing checks on friday. bob saw that tom's was significantly larger, which made bob unhappy. which theory best explains bob's reaction?
Answers (1)
What 2008 event is china hoping to use as a showcase of its reform?
Answers (1)
New Questions in Social Studies
On a day during the following week, which animal is likely to be seen the most by visitors? A. bighorn sheep B. horned lizards C. red-tailed hawks D. coyotes
Answers (1)
2. What allowed Ancient Romans to be able to build things like aqueducts, the Colosseum, and theaters? Central heating Sewers Arches Fast food
Answers (1)
Computer-assisted questionnaire design software often has a feature that provides "standard" questions on constructs that researchers often measure, such as demographics, importance, satisfaction, performance, or usage.
Answers (1)
Facing a cold, hostile universe, these playwrights felt that what happens in life cannot be explained logically, language is imprecise and that traditional structures of plays fail to reflect the ridiculousness, anxiety and chaos of the world.
Answers (1)
What is a type of intelligence that is used to adapt to new situations and solve new problems without relying on previous knowledge?
Answers (1)
Home » Social Studies » Generally Accepted Accounting Principles (GAAP) are currently formulated by the A. American Institute of Certified Public Accountants (AICPA). B. Institute of Management Accountants (IMA). C. Financial Accounting Standards Board (FASB). D.
Sign Up Forgot Password?