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Generally Accepted Accounting Principles, or GAAP, Are the Rules and Procedures

question 140

True/False

Generally accepted accounting principles, or GAAP, are the rules and procedures established by the Financial Accounting Standards Board, or the FASB.


Definitions:

IEEE 802.3

A set of standards governing the physical and data link layer technologies for Ethernet, a widely used networking protocol.

Wireless Range Extender

A device that amplifies your wireless signal to get it out to parts of your home that are experiencing poor connectivity.

Wireless Access Point

A networking device that allows wireless devices to connect to a wired network using Wi-Fi or related standards.

Router

A networking device that forwards data packets between computer networks, directing traffic on the Internet.

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