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If you want to increase your life span by a few years,which of the following pieces of advice is recommended?
Theoretical Foundation
The underlying set of principles or concepts that support and guide a particular subject or discipline.
Generally Accepted Accounting Principles
The framework, standards, and guidelines followed by accounting professionals for financial reporting in the U.S., aiming to ensure consistency, reliability, and comparability of financial statements.
Implementation Guide
A document providing detailed instructions for the application or execution of a plan, policy, or new system.
GAAP
Generally Accepted Accounting Principles are a set of rules and standards for financial accounting that companies in the U.S. must adhere to.
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