External groups that require information on a firm's financial condition before they will commit themselves to either short-term or long-term loans are known as _____.
A) stockholders
B) owners
C) lenders
D) proprietors
E) auditors

Question

Quizplus · Accepted Answer

Lenders require information on a firm's financial condition before committing to loans, both short-term and long-term. Stockholders and owners are internal groups, while proprietors and auditors do not necessarily require this specific information for committing to loans.

External Groups That Require Information on a Firm's Financial Condition