Benicio is a loan officer for a bank and is reviewing the financial statements of a prospective borrower.As a user of accounting information,Benicio is most interested in using this information
A)to plan and control daily operations.
B)in contract negotiations.
C)to make an investment decision and estimate its future returns.
D)to evaluate financial soundness of potential clients.

Question

Quizplus · Accepted Answer

Benicio, as a loan officer, would primarily be interested in evaluating the financial soundness of potential clients to determine their creditworthiness and ability to repay loans.

Benicio Is a Loan Officer for a Bank and Is