Generally accepted guidelines formulated by FASB for the preparation of financial statements are called what? Group of answer choices general economic guidelines (GEG) general financial statement principles (GFSP) generally accepted economic guidelines (GAEG) generally accepted accounting principles (GAAP)

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Generally accepted guidelines formulated by FASB for the preparation of financial statements are called what?
Group of answer choices
general economic guidelines (GEG)
general financial statement principles (GFSP)
generally accepted economic guidelines (GAEG)
generally accepted accounting principles (GAAP)
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