Which of the following groups would be considered users of the financial statements?
A) governments
B) current shareholders
C) general public
D) all of the above

Question

Quizplus · Accepted Answer

Governments use financial statements to monitor and regulate companies, current shareholders use financial statements to make investment decisions, and the general public uses financial statements to assess a company's financial health and overall performance. Therefore, all three groups would be considered users of financial statements.

Which of the Following Groups Would Be Considered Users of the Financial