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.
General Accounting Procedures. Accounting procedures dictate how companies record and report their financial information. Generally accepted accounting principles (GAAP) is the leading U.S. authority for accounting standards in the private industry. These principles provide companies with basic understanding of how to record information for internal and external business use.