Which of the Following Statements Regarding Stakeholders Is Most Accurate

question 234

Multiple Choice

Which of the following statements regarding stakeholders is most accurate?

• A) Employees are typically not classified as a stakeholder group.
• B) There are only three types of external stakeholders-customers, suppliers, and distributors.
• C) All stakeholders are internal to the organization.
• D) Stakeholders are in some way affected by how well a company performs.
• E) Stakeholders are impacted by, but have no real impact on, how well a company performs.

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Definitions:

Adjustment

Modifications made to book records in order to align them with the actual financial status or to reflect changes.

Current Asset

A category of assets that are likely to be converted into cash, sold, or consumed within one business cycle or one year.

Office Equipment

Tangible property (like desks, chairs, and computers) used in an office setting to perform work or operations.

Unearned Revenue

Funds paid to a person or corporation for goods or services that are to be provided or delivered in the future.