Which of the Following Is a Stakeholder of a Corporation

question 3

Multiple Choice

Which of the following is a stakeholder of a corporation?

• A)The stock exchange where the corporation is listed
• B)The currency exchange for foreign corporations
• C)Competitors of the corporation
• D)Suppliers of the corporation

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Definitions:

Bad Debt Expense

The cost associated with accounts receivable that a company can no longer collect because they are considered uncollectible.

Earnings Levels

Different tiers or amounts of profitability achieved by a business during a specific period.

Ratio of Allowance

A financial metric used to assess the adequacy of an allowance for doubtful accounts or loan losses, often compared to total receivables or loans.

Sales Revenue Approach

A method to recognize revenue based on the sales of goods or services, highlighting the importance of sales activities in generating income for the business.