Stakeholders Include Only Those Groups And/or Individuals Within an Organization

question 10

True/False

Stakeholders include only those groups and/or individuals within an organization affected by an internal decision, policy or operation of a firm or individual.

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Definitions:

Federal Government

The Federal Government is the national government of a federation, responsible for governing the entire country and managing affairs that go beyond the jurisdiction of individual states or provinces.

Sarbanes-Oxley Act

In 2002, the United States passed a federal statute aimed at defending investors by advancing the veracity and trustworthiness of corporate disclosures.

Financial Reports

Documents containing detailed information about a company's financial health, including balance sheets, income statements, and cash flow statements.

Securities and Exchange Commission

A U.S. government agency responsible for enforcing federal securities laws and regulating the securities industry, stock and options exchanges.