Dried dehydrated meat (jerky) has traditionally been made by drying meat at low temperatures (140Â°F â 170Â°F) for a long period of time. These processing conditions can make it difficult to assure a safe end result, including using a home dehydrator.
The relevance principle is an accounting principle that states in order for financial information to be useful to external users, it must be relevant. GAAP goes on to describe the concept of relevance. Relevant information is useful, understandable, timely, and needed for decision making.
These 10 general principles can help you remember the main mission and direction of the GAAP system. 1  Principle of Regularity The accountant has adhered to GAAP rules and regulations as a standard. 2  Principle of Consistency Professionals commit to applying the same standards throughout the reporting process to prevent errors or discrepancies.