Principles of Accounting Volume 1
19th Edition
ISBN: 9781947172685
Author: OpenStax
Publisher: OpenStax College
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Textbook Question
Chapter 1, Problem 11MC
Which of the following is not considered a stakeholder of an organization?
A. creditors
B. lenders
C. employees
D. community residents
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Chapter 1 Solutions
Principles of Accounting Volume 1
Ch. 1 - Accounting is sometimes called the language of...Ch. 1 - Financial accounting information ________. A....Ch. 1 - External users of financial accounting information...Ch. 1 - Which of the following groups would have access to...Ch. 1 - All of the following are examples of managerial...Ch. 1 - Which of the following is not true? A....Ch. 1 - The primary purpose of what type of business is to...Ch. 1 - Which of the following is not an example of a...Ch. 1 - A governmental agency can best be described by...Ch. 1 - Which of the following is likely not a type of...
Ch. 1 - Which of the following is not considered a...Ch. 1 - Stockholders can best be defined as which of the...Ch. 1 - Which of the following sell stock on an organized...Ch. 1 - All of the following are sustainable methods...Ch. 1 - The accounting information of a privately held...Ch. 1 - Which of the following skills/attributes is not a...Ch. 1 - Which of the following is typically required for...Ch. 1 - Typical accounting tasks include all of the...Ch. 1 - What type of organization primarily offers tax...Ch. 1 - Most states require 150 semester hours of college...Ch. 1 - Research your top five career choices. Identify...Ch. 1 - Using the same top five career choices, identify...Ch. 1 - Think about a recent purchase you made. Describe...Ch. 1 - Computerized accounting systems help businesses...Ch. 1 - The following information was taken from the...Ch. 1 - The following chart shows the price of Netflix...Ch. 1 - Use the internet to research one for-profit, one...Ch. 1 - Use the internet to research one manufacturing,...Ch. 1 - Assume you are considering opening a retail...Ch. 1 - Uber and Lyft are two popular ride-sharing...Ch. 1 - How would you categorize or classify a company...Ch. 1 - Charity Navigator...Ch. 1 - Use the internet to visit the Securities and...Ch. 1 - Imagine that you have just been elected president...Ch. 1 - According to a company press release, on January...Ch. 1 - The Dow Jones Industrial Average (DJIA) is often...Ch. 1 - Many professional certifications now have...Ch. 1 - The Certified Public Accountant (CPA) exam is a...
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Similar questions
- Which of the following best defines stakeholders? A. investors and lenders B. environmental groups C. anyone directly or indirectly affected by the organization D. groups or individuals financially impacted by the organizationarrow_forwardWhich type of business organization provides the least amount of protection forbankers and other creditors of a company?a. Partnershipb. Corporationc. Proprietorshipd. Both a and carrow_forwardWhich type of business is considered separate from those who own it?arrow_forward
- Which of the following is one of the four major categories that define the business market? O a. Governmental organizations Ob. Labor unions O Lobbying groups O d.Stock exchangesarrow_forwardWhich of the following is an internal user of a company’s financial information?a. board of directors c. stockholders of the companyb. regulatory agencies d. long-term creditors of an enterprisesarrow_forwardIdentify the following users as either External users or Internal users. a. Chief Executive Officer (CEO) b. Service managers c. District attorney d. Shareholders e. Lenders f. FBI and IRS g. Consumer group h. Creditors i. Regulators j. Nonprofit donor k. Voters 1. Government officialsarrow_forward
- what are the reasons why an individual venture into a business?arrow_forwardWhich of the following statements is true regarding business plans: A. A corporation is the only legal form of business ownership that should develop a business plan. B. The operating plan details information regarding the business's services. C. Owners often use business plans as a tool to help them achieve their objectives. D. Lending institutions do not usually require loan applicants to submit a business plan.arrow_forwardStakeholders include any one who has financial interest stake or claim in an organization and or what it does. Select one: True Falsearrow_forward
- Setting accounting standards by the private sector is Select one: a. Common law accounting O b. Independent discipline approach O c. Microeconomic approach O d. Code law accountingarrow_forwardWho among the following is a direct user of accounting information? Labor association Financial Adviser Securities and Exchange Commission Enterprise’s shareholdersarrow_forwardHow can the separate entity concept benefit each of the ff: A. creditorsB. consumers C. government D. Accountantsarrow_forward
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