Balancing the Need to Contribute with the Need to Boost

question 125

Multiple Choice

Balancing the need to contribute with the need to boost profits is the number one goal of which of the following?

• A)managers
• B)stakeholders and their businesses
• C)global organizations
• D)socially responsible businesses

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Definitions:

Bank Service Charges

Fees charged by a bank for the maintenance of an account and for providing various banking services.

NSF Checks

Non-sufficient funds checks are ones that cannot be processed because the drawer's account does not have enough money to cover the amount.

Journal Entry

A record in accounting that represents a transaction and its effects on accounts, following the double-entry system.

Days' Cash on Hand

A financial metric indicating the number of days a company can continue to operate using only its available cash, without additional income.