Which of the following responses is the best and most comprehensive? "A company's accounting information is useful to _____________."
A)Managers within the firm,exclusively
B)Marketing research firms for pricing insights
C)Primarily the IRS and other government agencies that regulate the firm
D)Managers,owners,creditors,employees,and the government

Question

Quizplus · Accepted Answer

A company's accounting information is useful to various stakeholders including managers who use it for decision making, owners who use it for assessing the financial health of the company, creditors who use it for creditworthiness, employees who use it for salary negotiations and the government who uses it for regulatory purposes. It is not limited to any one particular group.

Which of the Following Responses Is the Best and Most