The Term "Class B Accounting" as It Is Used by the Researcher

question 25

Multiple Choice

The term "Class B Accounting" as it is used by the researcher Christopher Nobes refers to:

• A) less preferred accounting systems.
• B) less efficient accounting systems.
• C) accounting systems that primarily serve external shareholders.
• D) accounting systems that were developed primarily for creditors and taxing authorities.

---

Definitions:

Inexpensive

Not costing a lot of money; affordable.

Limited Availability

The condition of being available to consumers or users in restricted quantities or for a short time.

Expensive

Having a high price or cost, often relative to the perceived value or quality of the item.

Shopping Products

Shopping products are items that consumers purchase less frequently and usually compare on attributes such as quality, price, and style before making a decision.