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I have question to Current ration, in order to my exam there is no given format. For currest ratio : current assets /and current libility which is given which can be relationship to these words; Current ration: current assets:inventory+ account receivable+ cash equivanlents+ cash Current liability: accruals +account payable+ notes payable. Pls give me any other words using to get the answer . Thank you.

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Q: Is the accural method of accounting accepted by GAAP?
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Related questions

Why do most companies adhere to GAAP for their basic internal financial statements?

Accural accounting provides a uniform method to measure an organization's financial performance.


What does the acronym GAAP stand for?

GAAP is an acronym for Generally Accepted Accounting Principles. GAAP is a series of basic rules accepted by those within the accounting community to perform accounting tasks.


A common set of accounting standards and procedures are called?

GAAP - Generally Accepted Accounting Principles


What do you mean by gaap?

GAAP is an acronym for Generally Accepted Accounting Principles


What does GAAP stand for?

Generally Accepted Accounting Principles. There are different types of GAAP in todays world. For example, there is U.S. GAAP (generally accepted acccounting principles in the United States) and U.K. GAAP (generally accepted accounting principles in the United Kingdom).


The GAAP are the generally accepted principles in what field?

Accounting


What are generally accepted accounting guidelines referred to as?

GAAP


Full form of GAAP?

In Accounting/Finance arena GAAP stands for Generally Accepted Accounting Principals. Eevery company has to balance their books by GAAP standards and regulations.


The initials GAAP stand for?

Generally Accepted Accounting Principles


Full form of GAAP in accounts?

General Accepted Accounting Practices..


How many generally accepted accounting principles are there?

how many principle of gaap


The importance of GAAP in Health Care Organizations?

generally accepted accounting principles