Consider the following stakeholders in an entity. Why would each want information about the entity? Explain. a.

Question:

Consider the following in an entity. Why would each want information about the entity? Explain.
a. The partners in an accounting firm.
b. A company's supplier of inventory. The supplier gives the company up to 60 days to pay for purchases.
c. A member of a labour union.
d. A company's largest competitor.
e. A prospective customer purchasing an expensive piece of equipment from a com pany. The equipment comes with a five-year warranty. Stakeholders
A person, group or organization that has interest or concern in an organization. Stakeholders can affect or be affected by the organization's actions, objectives and policies. Some examples of key stakeholders are creditors, directors, employees,...