The federal government has a tax claim on the cash flows of The Window Store.This claim is defined as a claim by one of the firm's:
A)residual owners.
B)shareholders.
C)financiers.
D)provisional partners.
E)stakeholders.

Question

Quizplus · Accepted Answer

The federal government is considered a stakeholder because it has an interest in the firm's cash flows through taxation, but it does not have ownership or financing claims like shareholders or financiers.

The Federal Government Has a Tax Claim on the Cash