GAAP is an abbreviation for:

A. Generally authorized accounting procedures.
B. Generally accepted auditing practices.
C. Generally applied accounting procedures.
D. Generally accepted accounting principles.


Answer: D

Business

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Value is a relationship between customer benefits and price

Indicate whether the statement is true or false

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Syndie writes a fashion blog outside of her work hours and duties. One post in her blog used pictures of her coworkers as “what not to wear” and made comments that her department had as little business sense as it did fashion sense. When her coworkers objected to her online comments, management insisted that she take down the blog post or face disciplinary action. This example illustrates Syndie’s limited right to ________.

A. free consent B. free speech C. life and safety D. privacy E. due process

Business

Only in an environment of mutual trust can honest, open, two-way communication occur

Indicate whether the statement is true or false

Business

If you always drive cars many miles and keep them for 10 years, it would probably be best to

A) lease a new car. B) lease a used car. C) buy a new car. D) buy a used car.

Business