Get reliable answers to your questions at Westonci.ca, where our knowledgeable community is always ready to help. Discover detailed answers to your questions from a wide network of experts on our comprehensive Q&A platform. Discover in-depth answers to your questions from a wide network of professionals on our user-friendly Q&A platform.

Which of the following is an example of a GAAP standard?

Ensuring financial statements are accurate and complete
Ensuring products meet all quality standards
Ensuring the company makes a profit
Ensuring the safety of all employees

Sagot :

Answer:

A. Ensuring financial statements are accurate and complete

Explanation:

GAAP stipulates how to file income statements, what financial periods to include, and how to report cash flow.