Examlex
Which of the following is true about parent education?
GAAP
Generally Accepted Accounting Principles; the standard framework of guidelines for financial accounting.
Standard-Setting
The process of establishing norms or regulations that dictate the quality and safety of products, services, or systems within an industry.
Political Considerations
These refer to the impact that politics and government policy can have on economic issues, investments, and the overall business environment.
Economic Performance Approach
An accounting method where income and expenses are recorded when the service is provided or consumed, rather than when payment is made.
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