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GAAP looks to compare entities with an apples-to-apples valuation so that the entities can be viewed by interested parties to compare financial values and how

GAAP looks to compare entities with an apples-to-apples valuation so that the entities can be viewed by interested parties to compare financial values and how effectively and efficiently they use funds received. wHY?

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Generally Accepted Accounting Principles GAAP aim to standardize financial reporting to ensure consistency comparability and transparency across different entities This uniformity is crucial for sever... blur-text-image
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