loader  Loading... Please wait...

Question(s) / Instruction(s):

"Generally accepted" in the phrase generally accepted accounting principles means that the principles

a.            are proven theories of accounting.

b.            have been approved by the Internal Revenue Service.

c.             have been approved for use by the managements of business firms.

d.            have substantial authoritative support.

Find Similar Answers by Subject

Student Reviews

Rate and review your solution! (Please rate on a Scale of 1 - 5. Top Rating is 5.)

Expert's Answer
Download Solution:

This solution includes:

  • Plain text
  • Cited sources when necessary
  • Attached file(s)
  • Solution Document(s)

You Recently Viewed...

Reach Us