Which of the following statements about stakeholders is true?
A)Stakeholders are individuals that have an interest in an entity.
B)All stakeholders have the same perspective on an entity.
C)Stakeholders normally have unrestricted access to an entity's records.
D)Every entity has the same stakeholders.

Question

Quizplus · Accepted Answer

Stakeholders are individuals or groups that have an interest or concern in an entity's activities, operations or performance. They can include shareholders, employees, customers, suppliers, creditors, regulators, and the community in which the entity operates. While they may have different perspectives on the entity, they all have an interest in its success or failure. The other statements are not true: stakeholders do not necessarily have the same perspective, access to records is restricted in many cases, and different entities have different stakeholders.

Which of the Following Statements About Stakeholders Is True