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 tax situation currently applies to corporations and their owners but not to sole proprietorships, partnerships, or their owners.

This business organization is owned by shareholders and managed by professional managers.

It addresses how money is raised and used by individuals, businesses, and governments.

This is the worth of a good or service as established by the discounted and current value of the item's cash flows.

This is a company's attitude and standards of conduct toward its stakeholders, including its customers, stockholders, creditors, employees, suppliers, management, and the community.