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The Generally Accepted Accounting Principles (GAAP) are: A. used only by publicly-traded companies B. are a set of uniform accounting rules C. based on the

The Generally Accepted Accounting Principles (GAAP) are:

A. used only by publicly-traded companies

B. are a set of uniform accounting rules

C. based on the Federal Accounting Standards Advisory Board (FASAB)

D. None of the options

Please explain?

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