The conceptual framework indicates that the primary users of financial information are the investors,lenders,and other creditors.

Question

Quizplus · Accepted Answer

The conceptual framework of financial reporting identifies investors, lenders, and other creditors as the primary users of financial information. Other users may include regulators, government agencies, and other stakeholders, but the framework emphasizes the importance of meeting the needs of capital providers.

The Conceptual Framework Indicates That the Primary Users of Financial