Question
GAAP stands
for:Solution
GAAP stands for "Generally Accepted Accounting Principles." These are a set of standard accounting principles, concepts, and procedures used by companies to prepare and present their financial statements. GAAP provides a framework for how financial information should be recorded, reported, and disclosed, ensuring consistency, comparability, and reliability of financial statements across different businesses and industries. Adhering to GAAP is essential for companies to maintain transparency, accuracy, and credibility in their financial reporting, as it helps investors, creditors, and other stakeholders make informed decisions based on reliable and standardized financial information.
If x2 – 5x + 1 = 0, then find the value of {x2 + (1/x2)}.
A dishonest dealer claims to sell goods at cost price but uses a false weight of 900g instead of 1kg. What is his profit percentage?
If y + 1/y = 2 then find y117 + 1/(y117)
25, 25.8, 27.4, 29, 33, 37
If a3 + b3 = 6240 and a + b = 30, then find the value of {(a + b)2 – 3ab}
If (x – 3) is a factor of (x2 + 4qx – 2q), then the value of q is:
- If x² - 2x + 1 = 0, then find the value of (x³ + x⁻³)(x + x⁻¹).
x + y = 4, xy = 2, y + z = 5, yz = 3, z + x = 6 and xz =4, then find the value of x 3 + y 3 + z 3 – 3xyz.
...If 2x + y = 10 and 3x - 2y = 5, find the value of x + y.
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