At Westonci.ca, we make it easy to get the answers you need from a community of informed and experienced contributors. Experience the ease of finding accurate answers to your questions from a knowledgeable community of professionals. Get quick and reliable solutions to your questions from a community of experienced experts on our 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.