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Which of the following is used to represent an organic acid?
IFRS
International Financial Reporting Standards, a set of accounting standards developed by the International Accounting Standards Board that serves as a global framework for financial reporting.
GAAP
Generally Accepted Accounting Principles, a standard framework of guidelines for financial accounting.
R&D Costs
Expenses associated with the research and development activities undertaken by a company to innovate and introduce new products or services.
GAAP Requirements
The set of standardized guidelines and principles designed for financial accounting, used to ensure consistency, clarity, and comparability of financial statements.
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