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Use General Electric Company's financial statements and notes to the financial statements and evaluate the use of GAAP for income recognition. Also, identify the relevant
Use General Electric Company's financial statements and notes to the financial statements and evaluate the use of GAAP for income recognition. Also, identify the relevant code sections, any departures from GAAP, and the authority used to justify the departures. In addition, evaluate the reasoning for the company choosing particular accounting methods.
I can only provide minimum explanation to this question. However, i need assistance with providing more details, per my professor. Thank you.
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