Most countries outside of the United states use ________ to standardize their accounting practices.
A) international financial reporting standards (IFRS)
B) generally accepted accounting principles (GAAP)
C) earnings before interest, taxes, depreciation, and amortization (EBITDA)
D) internationally accepted accounting protocols (IAAP)
E) country-specific principles of accounting (CSPOA)
Correct Answer:
Verified
Q48: Transferring net revenue and expense account balances
Q49: GAAP aims to _.
A) prohibit firms from
Q50: You are planning to invest in a
Q51: The Sarbanes-Oxley Act requires _.
A) the board
Q52: _ is an accounting procedure for systematically
Q54: Which of the following is a key
Q55: Rambo Footwear is a Chinese shoe manufacturing
Q56: The _ requires that expenses incurred in
Q57: _ is an accounting method in which
Q58: Charles Associates is an accounting firm that
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents