Question

Accounting principles are ______ it is amultiple choice question
options are
a)written
b)oral
c)both
d) according to will
​

Answer 1

Answer:

oral is a correct answer

Explanation:

Accounting principles are the rules and guidelines that companies must follow when reporting financial data. The Financial Accounting Standards Board (FASB) issues a standardized set of accounting principles in the U.S. referred to as generally accepted accounting principles (GAAP).