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After graduating from college, Mary found what seemed to be an ideal job. However, after a few months she began to notice that some unethical practices were occurring within the company. What three steps should Mary take to resolve these unethical issues?
Internal Reporting
The process of preparing and presenting financial statements and other reports to management within an organization.
GAAP
Generally Accepted Accounting Principles, a collection of commonly-followed accounting rules and standards for financial reporting in the U.S.
Acquisition Method
An accounting technique used in consolidating the financial statements of a group in which one controls one or more others, focusing on fair value of the acquired assets and liabilities.
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