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Check my work Match each of the descriptions with the term or phrase it best reflects. Term or Phrase Description 1. A group that sets accounting principles in the U.S. 2 Accounting professionals who provide services to many clients. 3. Assesses if financial statements follow GAAP 4. Amount a business earns in excess of all expenses and costs associated with its sales and revenues. 5. A collection of accounting rules and concepts set by the FASB FASB Public accountants Audit Net Income Match each of the descriptions with the term or phrase it best reflects. Term or Phrase Description 1. A group that sets accounting principles in the U.S. 2. Accounting professionals who provide services to many clients 3. Assessos i financial statements follow GAAP 4. Amount a business earns in excess of all expenses and costs associated with its sales and revenues 5. A collection of accounting rules and concepts set by the FASB FASB Public accountants Audit Net income Check my Match each of the descriptions with the term or phrase it best reflects. Term or Phrase Description 1. A group that sets accounting principles in the U.S. 2 Accounting professionals who provide services to many clients 3. Assesses if financial statements follow GAAP 4. Amount a business carns in excess of all expenses and costs associated with its sales and revenues, 5. A collection of accounting rules and concepts set by the FASB. FASB Public accountants Audit Net income Match each of the descriptions with the term or phrase it best reflects. Term or Phrase Description 1. A group that sets accounting principles in the U.S. 2 Accounting professionals who provide services to many clients. 3. Assesses if financial statements follow GAAP. 4. Amount a business eams in excess of all expenses and costs associated with its sales and revenues 5. A collection of accounting rules and concepts set by the FASB. FASB Public accountants Audit Net income Match each of the descriptions with the term or phrase it best reflects. Torm or Phrase Description 1. A group that sets accounting principles in the U.S. 2. Accounting professionals who provide services to many clients. 3. Assesses if financial statements follow GAAP. 4. Amount a business earns in excess of all expenses and costs associated with its sales and revenues 5. A collection of accounting rules and concepts set by the FASB, FASB Public accountants Audit Net income

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