Generally accepted accounting principles (GAAP) referstoA. the length of an asse

Generally accepted accounting principles (GAAP) referstoA. the length of an assets life when it isissued.B. a technical accounting term that encompasses the conventionsrules and procedures necessary to define accepted accountingpractice at a particular time.C. a report issued annually by a firm that includes at a minimuman income statement a balance sheet a statement of cash flowsand accompanying notes.D. the extent to which something can be sold for cash quickly andeasily without loss of value.