A

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Q. The full form of GAAP is:

  • (A) Generally Acknowledged Accounting Policies
  • (B) Generally Accepted Accounting Principles
  • (C) General Accounting and Auditing Process
  • (D) Global Accounting and Analysis Procedure
  • Correct Answer - Option(B)
  • Views: 20
  • Filed under category Accounting
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Explanation by: Admin

GAAP stands for Generally Accepted Accounting Principles.

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