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A professor is concerned about participants dropping out of his study because of fear of electric shock. He is worried about:
Non-Business Organizations
Entities that operate for purposes other than making a profit, such as charities, educational institutions, and non-profit organizations.
Accounting Policies
The specific principles, bases, conventions, rules, and practices applied by an entity in preparing and presenting financial statements.
Private Enterprises
Businesses which are owned by private individuals or groups, not by the state or public sectors.
Accounting Standards
are authoritative standards for financial reporting and are the primary source of generally accepted accounting principles (GAAP).
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