Which of the following are likely to be users of financial accounting information?
A) Taxing authorities
B) Creditors
C) Potential investors
D) All of the above

Question

Quizplus · Accepted Answer

Taxing authorities use financial accounting information to determine the amount of taxes owed by a company, creditors use it to assess creditworthiness and the likelihood of repayment, and potential investors use it to make decisions on whether or not to invest in a company. Therefore, all of the above are likely users of financial accounting information.

Which of the Following Are Likely to Be Users of Financial