What are Generally Accepted Accounting Principles (GAAP)
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What are Generally Accepted Accounting Principles (GAAP)
Generally accepted GAAP principles (GAAP) apply to all companies in the US. Learn all the GAAP rules for your accounting.
Jan 10, 2023
Generally Accepted Accounting Principles Basics
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Generally Accepted Accounting Principles (GAAP): Definition and Rules
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⚠️ Ever heard of the GRAS list? It stands for *“Generally Recognized As Safe.”* Sounds reassuring… until you realize it’s basically a free pass for food companies to police themselves. Here’s the story: * Back in 1958, Congress created the GRAS category for ingredients *already recognized as safe* (things like salt, water, yeast, chicken, etc.) * But over time, the definition expanded. Now companies get to decide for themselves whether their additives are safe WITHOUT FDA approval. * And in 1997
0:33
⚠️ Ever heard of the GRAS list? It stands for *“Generally Recognized As Safe.”* Sounds reassuring… until you realize it’s basically a free pass for food companies to police themselves. Here’s the story: * Back in 1958, Congress created the GRAS category for ingredients *already recognized as safe* (things like salt, water, yeast, chicken, etc.) * But over time, the definition expanded. Now companies get to decide for themselves whether their additives are safe WITHOUT FDA approval. * And in 1997
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Dr. Jason Pencek on Instagram: "You can generally travel with peptides if you treat them like prescription medications. Keep them in their original containers with labeling when possible, especially for flights and customs. Lyophilized peptides in powder form are stable at room temperature for extended periods, so short trips are rarely an issue. Once peptides are mixed, they last longer if refrigerated, but brief travel without cooling is not typically problematic. If you must transport reconst
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Dr. Jason Pencek on Instagram: "You can generally travel with peptides if you treat them like prescription medications. Keep them in their original containers with labeling when possible, especially for flights and customs. Lyophilized peptides in powder form are stable at room temperature for extended periods, so short trips are rarely an issue. Once peptides are mixed, they last longer if refrigerated, but brief travel without cooling is not typically problematic. If you must transport reconst
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