A Consumer Who Uses Google to Find Comparative Reports on New

question 132

Multiple Choice

A consumer who uses Google to find comparative reports on new cars,is most likely using which of the following information sources for assistance?

• A)personal
• B)public
• C)experiential
• D)commercial
• E)under-the-radar

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Definitions:

Accounting Standards

Rules and guidelines set by regulatory bodies that determine the framework for financial reporting and accounting practices.

Private Companies

Companies owned by individuals or groups that are not traded publicly and whose shares are not available on the stock market.

Public Companies

Companies whose shares are traded freely on a stock exchange, subject to regulatory reporting requirements and disclosure to the public.

IFRS

International Financial Reporting Standards, a set of accounting standards developed by the International Accounting Standards Board (IASB).