_______________ Are Those Who Indirectly Affect or Are Affected by the Company's

question 20

Multiple Choice

_______________ are those who indirectly affect or are affected by the company's activities.

• A) Primary stakeholders
• B) Secondary stakeholders
• C) Tertiary stakeholders
• D) all of the above
• E) none of the above

---

Definitions:

Uncollectible Accounts

These are debts that cannot be collected by a business, typically due to the debtor's inability to pay.

Adjusting Entries

The journal entries that bring the accounts up to date at the end of the accounting period.

Credit Balance

A situation in a financial account where the total credits exceed the total debits, often indicating an amount owed to the account holder.

Allowance for Doubtful Accounts

A contra-asset account that reduces the total receivables on the balance sheet to reflect the amount expected not to be collected.