New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    Which type of accounting uses Generally Accepted

    Accounting Principles (GAAP) to ensure consistency and accuracy in reporting financial information?
    A Financial Accounting Correct Answer Incorrect Answer
    B Managerial Accounting Correct Answer Incorrect Answer
    C Tax Accounting Correct Answer Incorrect Answer
    D Cost Accounting Correct Answer Incorrect Answer

    Solution

    Financial Accounting uses GAAP to ensure consistency and accuracy in reporting financial information.

    Practice Next

    Relevant for Exams: