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Author Question: The goal of GAAP is to ________. (Read 81 times)

najmarocks25

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on: May 9, 2022

Question 1

The ________ oversees GAAP compliance in the United States.
◦ Consumer Financial Protection Agency (CFPA)
◦ Financial Management Service (FMS)
◦ Securities and Exchange Commission (SEC)
◦ Financial Accounting Standards Board (FASB)
◦ Office of Terrorism and Financial Intelligence (OTFI)

Question 2

The goal of GAAP is to ________.
◦ prohibit firms from documenting their internal financial controls and processes
◦ give companies the freedom to determine the salaries of its employees
◦ prevent firms from using internal auditors to audit operations
◦ enable outsiders to make confident analyses and comparisons
◦ eliminate the need for an independent auditor
Business in Action ¦ Bovee, Thill ¦ 9th Edition
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Marked as best answer by najmarocks25 on May 9, 2022

latoyia.cook

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Reply #1 on: May 9, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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najmarocks25

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Reply 2 on: May 9, 2022
Gracias!

komodo7

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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