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Which of the following is the basic standards and rules that accountants follow in recording nancial transactions and reporting results? Question 5 options: Generally accepted

Which of the following is the basic standards and rules that accountants follow in recording nancial transactions and reporting results?
Question 5 options:
Generally accepted accounting principles (GAAP)
American Medical Association (AMA)
American Institute of Certied Public Accountants (AICPA
Financial Accounting Standards Board (FASB)

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