Examlex
Which of the following is an example of a protocol?
Rules-Based
A regulatory or decision-making approach that relies strictly on written rules, standards, and procedures.
Loopholes
Provisions in laws or regulations that allow individuals or companies to avoid abiding by the spirit of the law in a legal way.
Economic Performance Philosophy
An approach focusing on achieving long-term economic goals such as sustainability, growth, and efficient resource allocation.
GAAP
Known as Generally Accepted Accounting Principles, this is a group of standard accounting rules and practices used for financial reporting.
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