GAAP are accepted principles utilized as standard operating procedures within the industry.

Name: GAAP are accepted principles utilized as standard operating procedures within the industry.
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GAAP, or Generally Accepted Accounting Principles, are a set of accounting standards and procedures used to prepare and present financial statements. They are widely accepted and recognized as the industry standard for financial reporting in the United States.

GAAP Are Accepted Principles Utilized as Standard Operating Procedures Within