An individual or organization entitled to receive payments from a business is known tothe business as a:
A)Creditor.
B)Debtor.
C)Controller.
D)Shareholder.
E)Bookkeeper.

Question

Quizplus · Accepted Answer

A creditor is an individual or organization that is owed money by a business. They are entitled to receive payments from the business. The other choices (B) Debtor refers to someone who owes money, (C) Controller refers to the person responsible for managing a company's finances, (D) Shareholder refers to someone who owns a portion of a company, and (E) Bookkeeper refers to someone who records financial transactions in a company's books.

An Individual or Organization Entitled to Receive Payments from a Business