Accounting · Concepts and Principles
What does the accounting acronym GAAP stand for?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Global Assessment of Accounting Procedures
- 2General Association of Accounting Professionals
- 3Generally Accepted Accounting Practices
- 4Generally Accepted Accounting Principles✓
Correct answer
Generally Accepted Accounting Principles
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