faistewart1 faistewart1
  • 03-05-2021
  • Business
contestada

What type of accounting is more rules-based?

Respuesta :

rachka103
rachka103 rachka103
  • 03-05-2021

GAAP

Explanation:

That would be the Generally Accepted Accounting Principles (GAAP) system which is rules based.

Alternatively:

The International Financial Reporting Standards. (IFRS) on the otherhand would be the one thats principles based.

Answer Link

Otras preguntas

the legetimate leader of muslim community.
Which is not a celtic language? a. welsh b. breton c. greek
Malloy solved the equation −5x − 16 = 8; his work is shown below. Identify the error and where it was made. −5x − 16 = 8 Step 1: −5x − 16 + 16 = 8
how do you ensure that your files are kept private on your computer
Jessica has an account with a credit union. Her account earns 2.2% simple interest yearly. Exactly a year and a half ago, she opened her account with $900. How
If your clothing catches fire, you should. a. stop, drop, and roll. b. run outside. c. stay low and run to escape flames.
find all polar coordinates of point p where p = (5, -pi/6) (5, -pi/6 2nπ) or (-5, -pi/6 2nπ) (5, -pi/6 2nπ) or (-5, -pi/6 (2n 1)π) (5, -pi/6 2nπ) or (5, pi/6 (2
Which describes the protagonist in a story
unlike the monarchy in a feudal system, the wealthy and powerful citizens who controlled italian city-states were more focused ona.the overall well-being of its
What was a direct effect of the Emancipation Proclamation?