What do stakeholders use an organisation's financial statements for?

Stakeholders and Business Risk

Quiz
•
Financial Education
•
12th Grade
•
Hard

Badar Jaleel
FREE Resource
35 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
To decide how much tax the organisation should pay
To make decisions about the organisation's financial stability and potential for investment
To determine the number of employees in the organisation
To design the organisation's marketing strategies
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following best describes primary stakeholders?
They are not directly involved but have an indirect impact on the organisation
They are external entities with no interest in the organisation
They have a direct financial impact on an organisation and are vital to its existence
They only participate in the organisation's environmental initiatives
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is Hanif's goal in conducting a risk assessment for his company?
To comply with health and safety legislation
To gain accreditation with a quality assurance board
To reduce the number of employees
To increase the company's tax payments
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does it mean if a stakeholder has a high risk tolerance?
They will avoid risk at all costs
They are willing to accept higher levels of risk
They are not interested in the probability of success
They will only focus on risks related to environmental issues
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
As an internal primary stakeholder, what does Hanif contribute to his company?
His time and expertise as an employee
A bank loan for the company's fixtures, fittings, and equipment
Membership in various environmental groups
Risk assessment strategies to avoid hazards
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Who is considered an internal primary stakeholder in Hanif's business?
The company's customers
The bank
The trade association
The owner
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What do Hanif's employees expect to be provided with?
High risk investment opportunities
Safe working conditions and job satisfaction
A share in the company's profits
Flexible working hours
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