Which One of the Following Is Considered to Be a Nonmarket

question 42

Multiple Choice

Which one of the following is considered to be a nonmarket stakeholder of business?

• A) Customers.
• B) Media.
• C) Creditors.
• D) Stockholders.

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Definitions:

IFRS

International Financial Reporting Standards, a set of accounting standards developed by the International Accounting Standards Board (IASB) for the preparation of public company financial statements on a global basis.

GAAP

A series of standard accounting protocols and measures adopted broadly for financial statement compilation.

R&D Expense

Expenses incurred in the process of discovering, developing, and enhancing a company's products or services, categorized as operating expenses.