Which of the following is a reason that managers use financial statements?
A)To assess the company's image
B)To assess the product cost of competitors
C)To assess competitors' contribution margins
D)To assess the long-term viability of key customers

Question

Quizplus · Accepted Answer

Financial statements provide insight into the financial health and performance of a company, which can help managers assess the long-term viability of key customers by understanding their ability to continue as going concerns and fulfill their financial obligations.

Which of the Following Is a Reason That Managers Use