Briefly define and/or discuss the terms listed below. Use your own words And use the library or other Internet resources. Explain why these concepts are important for financial accounting. Generally Accepted Accounting Principles (US GAAP); Financial Accounting Standards Board (FASB); Securities and Exchange Commission (SEC); Certified Public Accountant (CPA) Annual Report 10-K Three sentences are sufficient to explain each of the six items DO NOT use an essay format.
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