What is the main reason that it is necessary for public companies to follow the rules and format set out in the Generally Accepted Accounting Principles (GAAP) when creating financial statements? A. It ensures that the market value of assets and debt are reported accurately. B. It ensures that information on the performance of public companies is reported on cashbasis accounting. C. It ensures that important budgetary information is not omitted. D. It makes it easier to compare the financial results of different firms.
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Business, 21.06.2019 22:10, kelseydavid69
Sarah needs to complete financial aid packets. during which school year would she do this? sophomore freshman senior junior
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Business, 22.06.2019 20:10, spicee68003
Peppy knows a lot about marketing, but not much about the legal or financial aspects of starting a new business. he wants to consult with a lawyer and accountant, but his budget is tight with all of the expenses involved in getting peppy's pizzazzeria up and running. peppy should: trust his basic instincts and try to put it together without the advice of lawyers and accountants. delay talking with a lawyer and accountant until the business has established a positive cash flow for at least one year. immediately hire full-time lawyers and accountants for his staff. consult with a lawyer and accountant even though the budget is tight.
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Business, 23.06.2019 00:10, 201010399
Many years ago, sprint telecommunications aired an advertisement intended to demonstrate the clarity of reception sprint customers could expect. the ad showed a rancher, who had used a different company, complaining that he had ordered 100 oxen from his supplier and instead received 100 dachshunds. the mix-up was probably due to the presence of in the communication process.
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What is the main reason that it is necessary for public companies to follow the rules and format set...
Mathematics, 22.08.2020 07:01