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Differences between U.S. and International GAAP are influenced by all of the following

a. political and legal systems
b. sources of capital
c. languages used
d. inflation
e. taxation

User Siddick
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1 Answer

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Answer:

a. political and legal systems

b. sources of capital

d. inflation

e. taxation

Step-by-step explanation:

GAAP stands for general accounting principles accepted throughout the United States. Being a system completely necessary to promote national investors, economic resources, support of government financial decisions, maintenance of economic records and optimization of commercial performance. US GAAAP differs from international GAAAP, but this difference is the result of several factors such as political and legal systems, sources of capital, business complexity, inflation, taxation, cultural issues and even historical events.

User Hilarl
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