Which Statement Appropriately Explains the Meaning of "Publicly Accountable Enterprise

Multiple Choice

Which statement appropriately explains the meaning of "publicly accountable enterprise"?

A) Firms without equity, debt or other securities traded in public markets.
B) Firms with equity, debt or other securities traded in public markets.
C) Firms with assets and liabilities that provide goods and services in public markets.
D) New firms entering the public markets to provide goods and services.