Examlex
Choose the word or phrase in [ ] which will correctly complete the statement. Select A for the first item, B for the second item, and C if neither item will correctly complete the statement.
-The best way to achieve your financial objectives is to [save every extra dollar you can | develop a sound financial plan].
Generally Accepted Accounting Principles
A framework of accounting standards, principles, and procedures that companies must follow when compiling their financial statements in the U.S.
Stringent Rules
Strict and precise regulations or guidelines that must be followed, often used in contexts such as legal, financial, and quality control processes.
Manage Earnings
Tactics companies employ to influence their financial statements, often to meet forecasts or financial targets.
Generally Accepted Accounting Principles
Generally Accepted Accounting Principles (GAAP) are a set of accounting standards and procedures used in the United States to ensure financial information is consistent and transparent.
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