GAAP Stands For

question 147

Multiple Choice

GAAP stands for:

• A)generally accepted auditing practices.
• B)generally accrued auditing procedures.
• C)generally accepted accounting principles.
• D)generally accrued accounting principles.

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Definitions:

Hyperthreading

A technology that permits quicker processing of information by enabling a new set of instructions to start executing before the previous set has finished.

Information Processing

The handling, organizing, and manipulation of data by computer systems or the human brain.

Arithmetic Calculations

Mathematical operations involving numbers to perform basic functions such as addition, subtraction, multiplication, and division.

ALU

Arithmetic Logic Unit, a critical component of a CPU that handles all arithmetic and logical operations, including addition, subtraction, and logical comparisons.