Examlex
Which of the following is NOT a characteristic of good business communication?
U.S. Standards
This can refer to various official norms and regulations established by organizations and government agencies in the United States spanning different industries and areas such as accounting, safety, and quality.
GAAP
Generally Accepted Accounting Principles; these are the standard set of accounting rules, standards, and procedures that companies use to compile their financial statements in the United States.
IFRS
International Financial Reporting Standards, a set of accounting guidelines that govern how financial statements should be reported around the world.
Auditing
The examination of financial statements by a certified public accountant in order to express an opinion as to the fairness of presentation.
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