Business

Business, 22.09.2019 07:30, alejandra216

The accounting profession follows generally accepted accounting principles as defined by

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Business, 06.08.2019 20:30, googoomylizard

Managerial accounting information is limited or restricted by which of the following authorities or principles? -securites and exchange commission-financial accounting standards board-generally accepted accounting principles-value added principle

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Business, 03.09.2019 17:10, kaitlynmeats

Management accounting should not fit the straitjacket of financial accounting. explain and give an example. a. management accounting does not allow managers to charge interest on owners' capital to judge a division's performance, even though such a charge is required under gaap. b. management accounting cannot include assets or liabilities with nicknames that are developed internally, which is allowed under gaap. c. management accounting and financial accounting can use asset or liability measurement rules, such as present values or resale prices, whichever is more reasonable at the time. d. management accounting does not have to comply with the same standards of financial accounting such as generally accepted accounting principles.

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Business, 26.09.2019 16:10, mikeylaaliz5901

Generally accepted accounting principles (gaap): a) have eliminated all errors in accounting. b) are accounting rules that are recognized as a general guide for financial reporting. c) are the rules used to evaluate the performance of auditing firms. d) are accounting rules formulated by the internal revenue service. e) are sound in theory but rarely used in real life.

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