Ask Question
Social StudiesSocial Studies
31 August, 19:41

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. 31 August, 20:00
    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 you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
How jewish do you have to be to be considered jewish?
Answers (1)
Third parties a. are minor parties. b. can act as critics of the major parties. c. can be spoilers in an election. d. often start because of an idea or person. e. all of these choices are true.
Answers (1)
Party leaders are big fans of conventions because: A. The convention system gives them opportunity to take care of the other party business besides nominating candidates. B. They can rally the party faithful with platforms for debate and decisions.
Answers (1)
Luke would like to know if there is a relationship between the number of psychology courses people take and their level of empathy. He surveys a randomly selected group of college students.
Answers (1)
In order to revoke parole, there must be a determination of probable cause that the parolee violated the conditions of release established by the parole board and a subsequent finding that the violation, in fact, occurred. A. true. B. false.
Answers (1)
New Questions in Social Studies
Baxter Company's worksheet had the following balances: Income Statement columns, debit of $37,000 and credit of $49,000 and Balance Sheet columns, debit of $85,000 and credit of $73,000. The net income or net loss for the period is
Answers (1)
When you contact a retired neighbor to ask if she is interested in participating in a charity fundraiser, she tells you that she is no longer interested in activities such as this, and she is content to do as little as possible since she retired.
Answers (1)
How are plants and animals cells a alike
Answers (2)
What can humans do to lessen the impact of natural hazards? Select three options.
Answers (1)
What did prince henry the navigator do to encourage exploration?
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?