Which of the Following Is True of Stakeholders

question 23

Multiple Choice

Which of the following is true of stakeholders?

• A)Not every stakeholder is relevant in every business situation.
• B)The stakeholders of an organization are not affected by its unethical behavior.
• C)The cancellation of an organization's dividends has no impact upon stakeholders.
• D)Creditors are not considered the stakeholders of an organization.

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Definitions:

Special Revenue Fund

A fund used by a government to account for revenue from specific sources that are legally restricted to expenditure for particular purposes.

Capital Projects Fund

A type of governmental accounting fund used to finance and track the costs of major capital improvements and constructions.

Permanent Fund

A fund established to provide a stable source of revenue for specific purposes, often funded by endowments or resources that generate interest or other income.