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The Following Is a List of Selected Users of Accounting

Question 296

Matching

The following is a list of selected users of accounting information. Match the appropriate user to the following decisions they make with accounting information.

Premises:
Know what, when, and how much to purchase.
Judge the soundness of a customer before making sales on credit.
Assess whether a company has paid all required taxes and complied with securities rules.
Assess whether an organization is likely to repay its loans with interest.
Decide whether to buy, hold, or sell a company's stock.
Responses:
Suppliers
Lenders
Shareholders
Purchasing Managers
Regulators

Correct Answer:

Know what, when, and how much to purchase.
Judge the soundness of a customer before making sales on credit.
Assess whether a company has paid all required taxes and complied with securities rules.
Assess whether an organization is likely to repay its loans with interest.
Decide whether to buy, hold, or sell a company's stock.
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