faistewart1 faistewart1
  • 03-05-2021
  • Business
contestada

What type of accounting is more rules-based?

Respuesta :

rachka103
rachka103 rachka103
  • 03-05-2021

GAAP

Explanation:

That would be the Generally Accepted Accounting Principles (GAAP) system which is rules based.

Alternatively:

The International Financial Reporting Standards. (IFRS) on the otherhand would be the one thats principles based.

Answer Link

Otras preguntas

how many yards in 1/4 of a mile? Please help
What is a fraction name for 4
what two developments in the late 1800s led to the decline of the cattle business ?
What is sociocultural ?
What is the percentage increase from 200 to 280
Can the sum of two mixed numbers be equal to 2 ? Explain why or why not.
what are the next three numbers in this pattern 1,2,3,5,8
What is the smallest multiple of 6 and 10
The volume of a rectangular prism is 270 cubic centimeters. The height of the prism is 5 centimeters. What should the length and width of the prism be? Explain
"Pilgrim progress" what does the town vanity symbolize?