ANSWERS TO GOING TO THE NET, CHAPTER 18
Go online to the Sage Advice blog. The website is https://www.sage.com/en-us/blog/.
Answers will vary.
1. In the Headlines section, read an article. Write a brief essay (no more than 100
words). Include the article’s website address.
3. In the Sage Advice Podcase section, listen to one or more podcasts. Briefly describe
what you heard.
4. Explore the Tending Posts section. Describe the post.
5. Link to the Glossary. The website is https://www.sage.com/en-us/blog/glossary/. Link
to terms that are of interest to you; for example, link to What are Generally Accepted
Accounting Principles (GAAP)? Define GAAP.
Specific GAAP standards vary between jurisdictions, but typically require basic
compliance in the following three categories:
Enforced by the SEC, a U.S. government agency, GAAP principles are set in place
to ensure consistency and transparency across organizations and to eliminate the
potential for misleading financial reporting practices. These general accounting
principles promote uniformity between organizations and allow for the accurate
comparison of financial documents.