Examlex
________ is the process of analyzing alternative long-term investments and deciding which assets to acquire or sell.
FASB
Stands for the Financial Accounting Standards Board, which is responsible for establishing and improving financial accounting and reporting standards in the United States.
GAAP
Generally Accepted Accounting Principles, a standard framework of guidelines for financial accounting.
SEC
The U.S. Securities and Exchange Commission, a federal agency responsible for enforcing federal securities laws and regulating the securities industry.
CPA
Certified Public Accountant, a professional designation given to accountants who pass a licensing examination and meet other state requirements.
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