The rules adopted by the accounting profession as guides in preparing financial statements are: Comprised...
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The rules adopted by the accounting profession as guides in preparing financial statements are: Comprised of both general and specific principles. Known as generally accepted accounting principles. Abbreviated as GAAP. Intended to make information in financial statements relevant, reliable, and comparable. All of the above. Question points 
The rules adopted by the accounting profession as guides in preparing financial
statements are:
Comprised of both general and specific principles.
Known as generally accepted accounting principles.
Abbreviated as GAAP.
Intended to make information in financial statements relevant, reliable, and
comparable.
All of the above.
Question points
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