Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. violating gaap why is it permissible to violate ge

Violating GAAP Why is it permissible to violate generally accepted accounting principles when preparing reports...

60.1K

Verified Solution

Question

Accounting

Violating GAAP

Why is it permissible to violate generally accepted accounting principles when preparing reports used by company management?

give your own answer in a paragraph

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Use your calculator to evaluate cos-(0.53) to at least 3 decimal places. Give the answer...

Calculus
Q

use laplace transforms to solve ivp x\" + 4x' + 3x = 1, x'(0) = 2, x(0)...

Advance Math
Q

Question Set A: Thad has symptoms of Addison's disease (low cortisol). Blood tests confirm that Thad's cortisol...

Medical Sciences
Q

Explain what is misleading about the graphic The volume of our sales has doubled OA...

Statistics
Q

Before conducting a test of significance what should you do O A Set an appropriate...

Statistics
Q

A chemist has a 100 gram sample of a radioactive material He records the amount...

Calculus
Q

Need help with 6-6A steps 1-3. Please type the answer thank you ...

Accounting
Q

At the beginning of 2024, a company adopted the dollar-value LIFO (DVL) inventory method. On...

Accounting
Q

Lower-of-Cost-Net-Realizable-Value Method The following data are taken from the browning Corporatoons inentory accounts: \begin{tabular}{|c|c|c|c|} \hline...

Accounting
Q

You are a tax professional and have been asked to complete a tax return for...

Accounting
Q

a) Is China a net saver or net investor?b) Are China's interest rates higher or...

Accounting
Q

Question Your fund manager has asked you to provide some relative valuation numbers specific to...

Finance