Which of the following describes what managers,shareholders,employees,and creditors are?
A)people designated by the board of directors to review company documents
B)all users of accounting information to assess a company's finances
C)auditors of the health and well-being of a company
D)all employees of a corporation

Question

Quizplus · Accepted Answer

Managers, shareholders, employees, and creditors are all users of accounting information to assess a company's finances. They are interested in the financial performance and health of the company for different reasons: managers to make decisions about operations, shareholders to evaluate their investment, employees to assess job security and compensation, and creditors to decide whether to lend money or extend credit.

Which of the Following Describes What Managers,shareholders,employees,and Creditors Are