Primary Stakeholders of a Company Are

question 12

Multiple Choice

Primary stakeholders of a company are:

• A)those on whom the company depends for its continuous survival and prosperity
• B)only the owners
• C)only the managers and employees
• D)those who are able to influence the company but who are not directly engaged in transactions with the company

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Definitions:

Variance

The difference between planned or expected outcomes and the actual outcomes in finance and accounting.

Cost Drivers

Factors that cause a change in the cost of an activity, used in activity-based costing to allocate costs accurately.

Revenue Variances

The difference between actual revenue and budgeted or projected revenue.

Spending Variances

The difference between actual spending and budgeted or planned spending in various categories.