Examlex
According to the text, which of the following accountability mechanisms applies to Congress?
GAAP
Generally Accepted Accounting Principles (GAAP) are a set of rules and standards used in the United States for financial reporting.
Implementation
The process of putting a decision or plan into effect; execution of a plan or policy.
Advantages
The beneficial factors or positive attributes that contribute to the success or competitiveness of something.
Accounting Standards Board
An organization responsible for establishing and improving financial accounting and reporting standards to ensure clarity, consistency, and comparability of financial statements.
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