Business, 22.02.2020 05:06 cravingnafi202

Characteristics of generally accepted accounting principles include all of the following except

1.practice has become universally accepted over time.

2.standards are considered useful by the profession.

3.each principle is approved by the SEC.

4.authoritative accounting that the rule-making body has established as a principle of reporting.

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Characteristics of generally accepted accounting principles include all of the following except

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