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Dr. Timmons is investigating criminal behavior trajectories, specifically the length of time between the first criminal act committed and the first criminal act that resulted with incarceration in prison. Dr. Timmons is interviewing hundreds of prisoners for his data collection. Dr. Timmons will be playing close attention to:
IFRS
International Financial Reporting Standards, a set of accounting principles for preparing financial statements to ensure consistency and transparency globally.
GAAP
Generally Accepted Accounting Principles refer to the commonly applied rules and standards in financial reporting and accounting.
GAAP
Generally Accepted Accounting Principles (GAAP) are a set of rules and standards for financial reporting that companies in the U.S. are required to follow to ensure consistency and comparability among financial statements.
IFRS
A collection of accounting standards established by the International Accounting Standards Board, intended for worldwide application, known as International Financial Reporting Standards.
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