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Underlying the decision to engage in cooperative interfirm relationships is
Generally Accepted Accounting Principles
Generally Accepted Accounting Principles (GAAP) refer to a common set of accounting rules, standards, and procedures used in preparing financial statements in the United States.
Financial Accounting Standards Board
An independent nonprofit organization responsible for establishing accounting and financial reporting standards for companies and organizations in the United States.
Federal Law
Legislation enacted by a country's federal government that is valid across the entire nation.
Enron Corporation
An American energy, commodities, and services company based in Houston, Texas, that became infamous for its bankruptcy in 2001 due to one of the largest corporate fraud scandals in history.
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