Financial accounting information about a firm is useful:
A)to managers,owners,creditors,employees,and the government.
B)only to managers within the firm.
C)only to the tax authorities and other government agencies that regulate the firm.
D)only to creditors and stockholders of the firm.

Question

Quizplus · Accepted Answer

Financial accounting information about a firm is useful to a variety of stakeholders, including managers, owners, creditors, employees, and government agencies. This information can be used to make a variety of decisions related to the firm's financial health and performance, such as whether to invest in the company or extend credit.

Financial Accounting Information About a Firm Is Useful