General rules that are used as a guide in accounting and as a basis of accounting practices are called:

Generally Accepted Accounting Practices

Accounting and Financing Principles

General rules that are used as a guide in accounting and as a basis of

1.	General rules that are used as a guide in accounting and as a basis of accounting practices are called:
A.	Generally Accepted Accounting Practices
B.	Basic Accounting Conventions
C.	Accounting and Financing Principles
D.	Accounting Principles
Answer» B. Basic Accounting Conventions