What is the full form of GAAP?
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Answer / niranjan
Generally Acceptable Accounting Practices. Though these are
treated as principles, they have no legal validation just
like our Accounting Standards. Those are the practices which
are mentioned as an advice/suggestion to business houses for
their accounting.
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Answer / sunil
gaap ful form genaral acseptence accounting principal
| Is This Answer Correct ? | 7 Yes | 17 No |
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