This topic contains a solution. Click here to go to the answer

Author Question: Generally accepted accounting principles (GAAP) ________. A) are a set of rules that a U.S. ... (Read 188 times)

sdfghj

  • Hero Member
  • *****
  • Posts: 552
Generally accepted accounting principles (GAAP) ________.
 
  A) are a set of rules that a U.S. company must follow when preparing its financial statements
  B) are accounting rules determined by the IRS
  C) are accounting rules required by the U.S. government for all businesses to follow
  D) are issued by the International Accounting Standards Board

Question 2

A situation in which a particular supplier provides more than one type of inventory item to a firm and a particular type of inventory item is acquired from more than a single supplier is called a(n):
 a. one-to-one relationship
  b. one-to-many relationship
  c. many-to-many relationship
  d. entity relationship



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

spencer.martell

  • Sr. Member
  • ****
  • Posts: 342
Answer to Question 1

A

Answer to Question 2

C




sdfghj

  • Member
  • Posts: 552
Reply 2 on: Jul 5, 2018
Gracias!


bimper21

  • Member
  • Posts: 309
Reply 3 on: Yesterday
Excellent

 

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates’s recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

Drug abusers experience the following scenario: The pleasure given by their drug (or drugs) of choice is so strong that it is difficult to eradicate even after years of staying away from the substances involved. Certain triggers may cause a drug abuser to relapse. Research shows that long-term drug abuse results in significant changes in brain function that persist long after an individual stops using drugs. It is most important to realize that the same is true of not just illegal substances but alcohol and tobacco as well.

Did you know?

Serum cholesterol testing in adults is recommended every 1 to 5 years. People with diabetes and a family history of high cholesterol should be tested even more frequently.

Did you know?

Cancer has been around as long as humankind, but only in the second half of the twentieth century did the number of cancer cases explode.

Did you know?

Tobacco depletes the body of vitamins A, C, and E, which can result in any of the following: dry hair, dry skin, dry eyes, poor growth, night blindness, abscesses, insomnia, fatigue, reproductive system problems, sinusitis, pneumonia, frequent respiratory problems, skin disorders, weight loss, rickets, osteomalacia, nervousness, muscle spasms, leg cramps, extremity numbness, bone malformations, decayed teeth, difficulty in walking, irritability, restlessness, profuse sweating, increased uric acid (gout), joint damage, damaged red blood cells, destruction of nerves, infertility, miscarriage, and many types of cancer.

For a complete list of videos, visit our video library