sgarcia3 sgarcia3
  • 19-04-2022
  • Business
contestada

Why does GAAP allow for unclear financial statements?

Respuesta :

amonnib199
amonnib199 amonnib199
  • 19-04-2022

Answer:

GAAP in accounting helps businesses: Generally accepted accounting principles ensure businesses use a standard method to report financial information. Think of these principles as a rulebook that companies follow when creating financial statements (income statement, balance sheet, and cash flow statement).

Explanation:

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