| NOUN | group | GAAP, generally accepted accounting principles | a collection of rules and procedures and conventions that define accepted accounting practice |
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| Meaning | A collection of rules and procedures and conventions that define accepted accounting practice; includes broad guidelines as well as detailed procedures. | |
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| Synonym | generally accepted accounting principles | |
| Members | accounting principle, accounting standard | A principle that governs current accounting practice and that is used as a reference to determine the appropriate treatment of complex transactions |
| Broader | collection, aggregation, accumulation, assemblage | Several things grouped together or considered as a whole |
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