the generally accepted accounting principles (gaap) make accounting easier in what realm?\nonly…

the generally accepted accounting principles (gaap) make accounting easier in what realm?\nonly internally\nonly externally\nboth internally and externally

the generally accepted accounting principles (gaap) make accounting easier in what realm?\nonly internally\nonly externally\nboth internally and externally

Answer

Brief Explanations:

GAAP is a set of accounting rules and standards. It provides a common framework. Internally, it helps companies organize and present financial data consistently. Externally, it allows investors, creditors, etc., to understand and compare financial statements across different entities. So it eases accounting in both internal (like for management decision - making) and external (for stakeholders' analysis) realms.

Answer:

both internally and externally