multiple choice question\nthe principles, defined by fasb, that accountants must follow to assure that a…
multiple choice question\nthe principles, defined by fasb, that accountants must follow to assure that a firms accounting information is accurate are abbreviated as ______.\n\nfasb\ncpa\ngaap\nsec
Answer
Brief Explanations:
The Financial Accounting Standards Board (FASB) - defined principles for accurate accounting information are Generally Accepted Accounting Principles (GAAP). FASB is the organization, CPA is a professional designation, and SEC is a regulatory body.
Answer:
C. GAAP