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Through the Generally Accepted Accounting Principles (GAAP), the Financial Accounting

Question 1

Multiple Choice

Through the generally accepted accounting principles (GAAP) , the Financial Accounting Standards Board (FASB) aims to ensure that financial statements are _____.


A) comprehensive, exhaustive, extensive, and independent
B) relevant, reliable, consistent, and comparable
C) cursory, intensive, unabridged, and superficial
D) circumstantial, inferential, presumptive, and provisional

Correct Answer:

verifed

Verified

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