Accounting rules:
A. specifies the term of exchange facilitating exchange between strangers.
B. increases the profitability of inventions encouraging firms to develop new products.
C. provides the public with reliable information about the performance of a firm.
D. increases the risk faced by entrepreneurs.
Answer:C
Accounting rules:
A. specifies the term of exchange facilitating exchange between strangers. B. increases the profitability of inventions encouraging firms to develop new products. C. provides the public with reliable information about the performance of a firm. D. increases the risk faced by entrepreneurs.