What Does the Acronym "GAAP" Stand For? Name the Group

question 76

Essay

What does the acronym "GAAP" stand for? Name the group that has the primary responsibility for establishing US GAAP.

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Definitions:

Designated Groups

Populations identified for specific considerations or protections due to historical disadvantages or discrimination, often in the context of affirmative action or diversity initiatives.

Workforce Composition

The demographic makeup of an organization’s employees, including factors such as age, gender, ethnicity, and skill levels.

Organization's Workforce

The group of employed individuals who contribute their skills and labor to the achievements and objectives of an organization.

Unintentional Discrimination

Practices or behaviors that inadvertently disadvantage certain groups or individuals, often without malice or awareness by the perpetrator.