GAAP Refers to Guidelines for Accounting Information in the United

question 244

Multiple Choice

GAAP refers to guidelines for accounting information in the United States.The acronym GAAP in this statement refers to ________.

• A) Globally Accepted Accounting Policies
• B) Government Approved Accounting Principles
• C) Generally Accredited Accounting Policies
• D) Generally Accepted Accounting Principles

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Definitions:

Nervous System

The body’s electrochemical communication circuitry.

Pulmonary

Related to the lungs or the respiratory system.

Endocrine

Pertains to the system of glands that release hormones directly into the bloodstream to regulate bodily functions.

Respiratory

Pertaining to the process of inhaling oxygen and exhaling carbon dioxide from the body.