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Generally accepted accounting principles are intended to assist accountants in preparing financial statements that: Select one: a . Are relevant, verifiable, comparable, and understandable. b
Generally accepted accounting principles are intended to assist accountants in preparing financial statements that:
Select one:
a Are relevant, verifiable, comparable, and understandable.
b Show the business to be both solvent and profitable.
c Comply with all income tax rules and regulations.
d Are ideally suited to the specific needs of each user of the financial statements.
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