GAAP: generally accepted accounting principles are based on 4 principles. Match each of the 4 terms to the relevant/applicable statement. 1. collect and present data in same Comparability way 2. appropriate information and assist Reliability users 3. data can be verified Consistency 4. can compare data/statements with those from other companies Relevance 5. data is always correct and free of errors Question 12 (Mandatory) (1 point) The values statement guides employee behavior and decision making within the organization among other things. True False.