Generally accepted accounting principles (GAAP) ________. A) ...

[sdfghj]

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

[spencer.martell]

Answer to Question 1

A

Answer to Question 2

C

[sdfghj]

Great answer, keep it coming

[xthemafja]

Thanks for the timely response, appreciate it