The financial statement users who are likely to object to very conservative methods of accounting are:
A) Managers who are trying to take the company private by buying stock from the public
B) Bankers who have loaned to the company
C) Bankers who are considering lending money to the company
D) Employees who get bonuses based on profits

Question

Quizplus · Accepted Answer

Employees who get bonuses based on profits are likely to object to very conservative methods of accounting because such methods can understate profits, potentially reducing the bonuses they receive.

The Financial Statement Users Who Are Likely to Object to Very