GAAP provides rules for entities to follow when preparing financial statements which assist external users with: A.analysing owner's personal transactions. B.interpreting bank statements C.making comparisons between an entity’s budgeted and actual results. D.making comparisons between the financial information of different entities.

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GAAP provides rules for entities to follow when preparing financial statements which assist

external users with:

A.analysing owner's personal transactions.

B.interpreting bank statements

C.making comparisons between an entity’s budgeted and actual results.

D.making comparisons between the financial information of different entities.

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