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Define generally accepted accounting principles

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Reference no: EM133152338

- Define Generally Accepted Accounting Principles (GAAP) and explain why it is important.

- Imagine you are a manager of a company. What do you feel is the most important financial ratio? Why?

- What is a "Statement of Cash Flows" and how does it help the company's leadership team better manage its finances?

Reference no: EM133152338

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