Which of the following are true of generally accepted accounting principles (GAAP)? (Check all that apply.)
-Generally accepted accounting principles continue to develop and evolve in response to changing business conditions.
-The goal of GAAP is to ensure that a company's financial statements clearly represent its economic condition and performance.
-GAAP is a network of conventions, rules, and procedures that govern financial reporting.
-The goal of GAAP is to guarantee that financial statements are always free of errors and fraud.