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How can a researcher determine what information is the most appropriate?
GAAP And GAAS
GAAP (Generally Accepted Accounting Principles) are a set of accounting standards used in the U.S., while GAAS (Generally Accepted Auditing Standards) are guidelines for auditors in executing audit engagements.
Prima Facie Evidence
Evidence that, on its face, is sufficient to prove a particular proposition or fact unless refuted by contrary evidence.
Negligence
A failure to exercise the care that a reasonably prudent person would exercise in similar circumstances, leading to harm or damage.
Securities Exchange Act
U.S. legislation that governs the trading of securities, aimed at protecting investors and maintaining fair and orderly markets.
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