Examlex
Which of the following memories are ones that are recalled explicitly
GAAP
Generally Accepted Accounting Principles, a set of rules and standards used for financial reporting and accounting in the U.S. to ensure consistency and transparency.
IFRS
International Financial Reporting Standards, a set of accounting principles that dictate how transactions and other accounting events are reported in financial statements globally.
Construction Contracts
Agreements between parties involving the construction, alteration, or repair of buildings or structures.
Direct Costs
Expenses that can be directly attributed to the production of specific goods or services.
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