Which of the Following Is a Nonpersonal Influencing Factor

question 71

Multiple Choice

Which of the following is a nonpersonal influencing factor?

• A) Family
• B) Culture
• C) Society
• D) Environment
• E) Religion

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Definitions:

Accounts

Records relating to all financial transactions of an entity, which are used to prepare financial statements.

Insurance

A financial product sold by insurance companies to safeguard against the risk of financial losses, both big and small, that may result from damage to the insured or their property, or from liability for damage or injury caused to a third party.

Free Cash Flow

The amount of cash generated by a business after accounting for operating expenses and capital expenditures.

Indirect Method

A way of preparing cash flow statements where net income is adjusted for non-cash transactions, deferrals, and accruals.