Accountancy, asked by munna5898, 10 months ago

Briefly discuss the role of GAAP in accounting

Answers

Answered by mayanktripathi14
0

Answer:

The purpose of GAAP is to create a uniform standard for financial reporting. When financial information is made available to the public, it should serve the purpose of helping investors make informed decisions as to where to put their money.

Answered by siddharth178
1

Answer:

search on Google you got a answer

Previous Question
Next Question
Similar questions
Science, 5 months ago
Q.I Fill in the blanks 1 A famine is a ____________ disaster . 2 The moon is called the _____________ of the earth. 3 Waste water contains many ____________. 4 The motion of the earth around itself is called ______________. Q.II Write True or False 1 We get rains throughout the year. 2 Foodstuffs get warmth when put in a fridge. Q.III Answer the following in one sentence...
Math, 5 months ago
What remains after the undissolved solids have been removed from the mixture?
Geography, 5 months ago
hazards can be ______ hazard and _______ hazard ( anyone)​...
Social Sciences, 10 months ago
Why do need animals to move...
English, 10 months ago
He made a living ___ selling old tyres...
Math, 1 year ago
Vikas age is three year older than deepika.Six years ago vikas age was 4 times of deepika,s age .Find vikas and deepika age?
Biology, 1 year ago
How is small ontestine designed to absorb tje digested food??
Environmental Sciences, 1 year ago
How is ozone formed in the upper atmosphere. State how it affects an ecosystem 0?