What is the main goal of GAAP? Multiple Choice To help ensure that financial decisions are made in a professional and ethical manner. To establish standards that help to prevent and detect fraudulent acts by management. To ensure that the financial information produced by companies is useful to existing and potential investors and other parties in decision making. To oversee the stock exchanges and financial reporting by public companies in the United States.

What is the main goal of GAAP? Multiple Choice To help ensure that financial decisions are made in a professional and ethical mannec. To establish standards that help to prevent and detect fraudulent acts by management. To ensure that the financial information produced by companies is useful to existing and potential investors and other parties in decision making. To oversee the stock exchanges and financial reporting by public companies in the United States