A primary user of accounting information with a direct financial interest in the business is a
A) regulatory agency.
B) creditor.
C) taxing authority.
D) labor union.

Question

Quizplus · Accepted Answer

A creditor has a direct financial interest in the business as they have lent money to the business and are owed repayment, making them a primary user of accounting information. Regulatory agencies, taxing authorities, and labor unions may also use accounting information, but they do not have a direct financial interest in the business.

A Primary User of Accounting Information with a Direct Financial