A ____________ Is a New Type of Corporation That Addresses

question 44

Multiple Choice

A ____________ is a new type of corporation that addresses issues related to financial, social, and environmental objectives.

• A) Customer corporation
• B) Stakeholder corporation
• C) Benefit corporation
• D) Management corporation

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Definitions:

Zebrafish

A tiny fish that thrives in freshwater, frequently utilized in scientific studies because of its clear embryos and fast growth rate.

IFRS 9 Financial Instruments

It refers to an International Financial Reporting Standard that deals with the recognition, measurement, impairment, and derecognition of financial assets and liabilities.

Realized Gains

Profits that result from selling an asset at a higher price than its cost.

Other Comprehensive Income

Earnings that are not part of net income, consisting of items such as unrealized gains and losses on certain investments.