Which of the Following Are Examples of Internal Publics of a Company

question 59

Multiple Choice

Which of the following are examples of internal publics of a company?

• A) neighbourhood residents and community organizations
• B) newspapers, magazines, television stations, blogs, and other Internet media
• C) the general public that is directly affected by the company
• D) governmental departments and agencies that regulate businesses
• E) the managers, board of directors, and workers of the company

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Definitions:

Credit Balance

An accounting balance where the sum of credits exceeds the sum of debits in an account, often indicating money owed to the account holder.

Salaries Payable

A liability account that represents the amount owed to employees for work performed but not yet paid.

Reversing Entry

An accounting entry made at the beginning of an accounting period to negate the effects of certain adjusting entries made in the previous accounting period.

Debit

An accounting entry that results in either an increase in assets or a decrease in liabilities on a company's balance sheet.