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What are the 6 rules companies that effectively communicate corporate responsibility follow?
Intangible Possessions
Assets that cannot be physically touched or held, such as intellectual property, brand reputation, or digital assets.
Patents
Legal documents that grant inventors exclusive rights to their inventions, preventing others from making, using, or selling the invention without permission for a certain period.
Trademarks
Legal protections for symbols, names, and slogans used to identify goods or services and distinguish them from those of competitors.
Accrual Accounting
Accrual accounting is a method of accounting that records revenues and expenses when they are incurred, regardless of when cash is exchanged.
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