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Generally accepted accounting principles are fundamental truths or axioms that can be derived from laws of nature. derive their authority from legal court proceedings. derive

Generally accepted accounting principles\ are fundamental truths or axioms that can be derived from laws of nature. derive their authority from legal court proceedings.\ derive their credibility and authority from general recognition and accepta are specified in detail in the FASB conceptual framework.

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Generally accepted accounting principles are fundamental truths or axioms that can be derived from laws of nature. derive their authority from legal court proceedings. derive their credibility and authority from general recognition and accepta are specified in detail in the FASB conceptual framework

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