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Which stakeholder would be most interested in whether the firm has a long term future?

Which stakeholder would be most interested in whether the firm has a long term future?

Introduction to Accounting

Which stakeholder group… would be most interested in
(Lenders) (d) whether the firm has a long-term future
(Suppliers and Creditors) (e) profitability and share performance
(Customers) (f) the ability of the firm to carry on providing a service or producing a product

Who are the key stakeholders in a project?

Examples of stakeholders in a project

  • Project manager.
  • Team members.
  • Managers.
  • Resource managers.
  • Executives.
  • Senior management.
  • Company owners.
  • Investors.

Who is the most important stakeholder in a project?

Project Stakeholders

  • Top Management. Top management may include the president of the company, vice-presidents, directors, division managers, the corporate operating committee, and others.
  • The Project Team.
  • Your Manager.
  • Peers.
  • Resource Managers.
  • Internal Customers.
  • External customer.
  • Government.

What is Quick assets with examples?

Quick assets are assets that can be converted to cash quickly. Typically, they include cash, accounts receivable, marketable securities, and sometimes (not usually) inventory.

What is a stakeholder in an essay?

A stakeholder is any person or group that has an interest in the activities of a business e.g. community, workers, suppliers, customers, government etc. In terms of strategy, what’s important is the power and influence that a stakeholder may have over the business objectives.

What is the meaning of current liabilities?

Current liabilities are a company’s short-term financial obligations that are due within one year or within a normal operating cycle. An example of a current liability is money owed to suppliers in the form of accounts payable.

Which stakeholder would be most interested in the liquidity of a company?

Liquidity Short-term creditors such as banks and financial institutions are primarily concerned with whether a company will be able to repay short-term borrowings such as loans and notes. As such, they are most interested in evaluating a company’s ability to convert assets into cash, which is called liquidity.

Is bills receivable debit or credit?

The amount of accounts receivable is increased on the debit side and decreased on the credit side. When a cash payment is received from the debtor, cash is increased and the accounts receivable is decreased. When recording the transaction, cash is debited, and accounts receivable are credited.

What is stakeholder prioritization?

The prioritization of the stakeholders uses the Index values to arrange the stakeholders in order of importance and allocate a unique priority number. The higher the ‘Index’, the more important the stakeholder is at that time and consequently, the higher the priority.

How do you write stakeholders?

Let’s explore the three steps of Stakeholder Analysis in more detail:

  1. Identify Your Stakeholders. Start by brainstorming who your stakeholders are.
  2. Prioritize Your Stakeholders. You may now have a list of people and organizations that are affected by your work.
  3. Understand Your Key Stakeholders.

Is bills receivable a quick asset?

The Basics of Quick Assets Cash and cash equivalents are the most liquid current asset items included in quick assets, while marketable securities and accounts receivable are also considered to be quick assets. Quick assets exclude inventories, because it may take more time for a company to convert them into cash.

What is meant by stakeholders and give examples?

Stakeholders can affect or be affected by the organization’s actions, objectives and policies. Some examples of key stakeholders are creditors, directors, employees, government (and its agencies), owners (shareholders), suppliers, unions, and the community from which the business draws its resources.

Is bills receivable a fixed asset?

Current assets include cash, inventory, and accounts receivable. Examples of fixed assets are buildings, real estate, and machinery.

How are employees affected as stakeholders?

Employees are primarily affected as stakeholders in terms of their economic well-being. Employees share a common concern regarding how much and how often they are paid by the company. Therefore, the continued economic health of the company is of utmost importance to the employee.

What is Times Interest Earned Ratio quizlet?

Times interest earned is computed by dividing a company’s net income before interest expense and income taxes by the amount of interest expense. The times interest earned ratio reflects a company’s ability to pay interest obligations.

What do you mean by stakeholders?

Quality Glossary Definition: Stakeholder. The international standard providing guidance on social responsibility, called ISO 26000, defines a stakeholder as an “individual or group that has an interest in any decision or activity of an organization.”

Why is it important to identify stakeholders?

Identifying stakeholders allows for clear communications during periodic updates or project progress meetings. Knowing who the stakeholders are and where they fit in the development and deployment phases of the project is vital to understanding and effectively addressing their expectations or concerns.

Who are the most important stakeholders?

Who are a company’s most important stakeholders?

  • Customers. Peter Drucker defined the purpose of a company as this; to create customers.
  • Employees.
  • Shareholders.
  • Suppliers, distributors and other business partners.
  • The local community.
  • National Government and regulatory authorities.

Which two reports on internal control are sometimes combined?

Thus, two reports on internal control, one by management and one by a public accounting firm, are included in the annual report. In some situations, these may be combined into a single report on internal control.

Which of the following is not a quick asset?

Inventories and prepaid expenses are not quick assets because they can be difficult to convert to cash, and deep discounts are sometimes needed to do so.

Which stakeholder is most interested in profit?

Shareholders are interested in financial statement analysis to know the profitability of the organization.