Question : Under computerized accounting system, GAAP stands for _____________.
Option 1: Generally Accepted Accounting Principles
Option 2: Gently Accepted Accounting Principles
Option 3: Generally Accepted Academic Principles
Option 4: Generally Accepted Accounting Process
Answer (1)
19th Jan, 2024
Correct Answer: Generally Accepted Accounting Principles
Solution : GAAP stands for Generally Accepted Accounting Principles. Hence, the correct option is 1.
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