Does Business follow GAAP standards?

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dbcTech

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Nov 10, 2009, 1:48:13 PM11/10/09
to Database Creations Accounting Software
GAAP (Generally Accepted Accounting Principles) are a set of
guidelines to provide a foundation for disclosing the results of
business transactions. Business! is not a program that concentrates on
the external reporting side of the business, it is a program that is
used for internal decision making and use and therefore, does not
strictly follow GAAP guidelines.
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