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CA 1-3 (Financial Reporting and Accounting Standards)
- Exam (elaborations) • 2 pages • 2022
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CA 1-3 (Financial Reporting and Accounting Standards)
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CA 1-3 (Financial Reporting and Accounting Standards)
- Exam (elaborations) • 2 pages • 2022
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CA 1-3 (Financial Reporting and Accounting Standards)
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CA 1-3 (Financial Reporting and Accounting Standards)
- Exam (elaborations) • 2 pages • 2021
-
- $3.00
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CA 1-3 (Financial Reporting and Accounting Standards) 
 Answer the following multiple-choice questions. 
 
1. GAAP stands for: 
 (d) generally accepted accounting principles. 
 
 
2. Accounting standard-setters use the following process in establishing accounting standards: 
 (d) Research, discussion paper, exposure draft, standard. 
 
 
3. GAAP is comprised of: 
(c) FASB standards, interpretations, EITF consensuses, and accounting rules issued by FASB predecessor 
organizations. 
 
 
 
4. The a...
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