Which of the following is NOT a key stakeholder group that a company must work to satisfy in order to survive in a global environment?

A) employees
B) competitors
C) shareholders
D) customers

B

Business

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The company is authorized to sell 100,000 shares. The entry to record the issuance of 16,000 shares of $5 par value common stock at $12 per share would include a credit to Paid-in Capital in Excess of Par Value of what amount? If the amount should be a debit, enter 0.

a. 112000 b. 123000 c. 113000 d. 114000

Business

The principle of insurable interest, in regards to a life insurance contract, is accurately described in which statement?

A) An agent establishes insurable interest B) An individual does not have insurable interest on his or her own life C) Insurable interest only pertains to business arrangements D) Insurable interest can be based on the love and affection of individuals related by blood or law

Business