Stakeholders who hold power but do not tend to use that power unless they are given a reason to do so are considered:
a. dormant stakeholders
b. discretionary stakeholders
c. dependent stakeholders
d. definitive stakeholders
a. dormant stakeholders
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Acquisitions to increase market power require that the firm have a(n) __________ diversification strategy.
A. unrelated B. related C. dominant-business D. single-business
Under a capital lease, the lessee records both an asset and a liability
Indicate whether the statement is true or false
If stockholders want to know how money flowed into and out of the company, what financial statement would they use?
A) Income statement B) Statement of cash flows C) Balance sheet D) Statement of retained earnings
Which of the following statements about a budgeted Statement of Cash Flow (SCF) is false?
a. The budgeted SCF can be prepared using either the direct or indirect method. b. The SCF must be divided into the operating, investing, and financing sections. c. The SCF must be prepared after the income statement. d. The SCF can be prepared on either a continuous or on a rolling basis.