Basic concepts $-$ Financial management

Select the term that corresponds to each of the given descriptions. $($Note: There is only one possible answer for each description.$)$

Descriptions

Terms

This is a disadvantage of the corporate organization since it requires taxes to be levied on both the

income of the firm and the dividend income earned by its shareholders.

This term describes individuals and groups, both internal and external to the company, whose

support is critical to the success of the organization.

This is a participant in a partnership, whose personal assets may not be seized to satisfy the debts

of the partnership.

This position and title is held by the individual responsible for planning and managing how the firm is

financed, when its funds are raised, and how its risks are managed.

This entity, which is legally separate from its managers and owners, is authorized by a state to

conduct business.