Author Question: _____ is a branch of accounting that addresses the needs of external stakeholders, including ... (Read 28 times)

Sufayan.ah · **on:** Jul 14, 2018

_____ is a branch of accounting that addresses the needs of external stakeholders, including stockholders, creditors, and government regulators.
A) Forensic accounting
B) Investigative accounting
C) Managerial accounting
D) Financial accounting

Question 2

Which of the following is a disadvantage of the corporate form of organization?
A) Both the corporation and its stockholders are taxed on profits retained and distributed.
B) Ownership of stock is easy to transfer.
C) More capital can be raised by the corporate form.
D) Corporations can hire better managers.
E) The organization survives its owners.