Examlex
Which of the following is true regarding sexual orientation?
IFRS
A global set of accounting guidelines created by the International Accounting Standards Board (IASB), known as the International Financial Reporting Standards.
GAAP
Generally Accepted Accounting Principles, which are a set of rules and standards for financial reporting followed by companies in the United States.
Principles-Based
An approach to accounting and regulation that emphasizes general guidelines and values to govern behavior rather than precise rules.
Internal Control Standards
The policies and procedures implemented by a company to ensure the integrity of financial and operational information, promote accountability, and prevent fraud.
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