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Sun packaging is a profit-making manufacturing company established during 1998. The company is not fulfilling...

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Accounting

Sun packaging is a profit-making manufacturing company established during 1998. The company is not fulfilling their responsibility towards their stakeholders. They do not provide fair wages to the employees and the company did not disclose all the financial information to their stakeholders about the company.

i. Who are classified as stakeholders?

ii. Discuss how each stakeholder will be affected?

iii. Which principles or concepts of accounting is affected if they do not disclose the information?

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