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.
Under generally accepted accounting principles (GAAP), the definition of âprivate companyâ. and âpublic business entityâ (PBE) can be important for smaller banks and savings associations: ï· Private companies are often given additional time to implement new accounting standards or. other FASB updates.