"Generally accepted accau nting principles\" are the acccuntlnq methcds and procedures used air rms in preparing their nancial statements. this is always a true statement this is always a false statement althcugh true tar meat at the times. there are several etreeptians detailed In Canadian EMF although i'alse far mast at the times, there are several exceplidns detailed in Canadian Gael: Cannet say if it is true ar false given the limited inlarmadan precluded