Users of Accounting Information - SS1 Accounting Past Questions and Answers - page 1
Who uses accounting information to evaluate a company's financial performance?
Shareholders/Investors
Management
Creditors
Government and regulatory agencies
Who uses accounting information to make informed decisions about the company's operations?
Shareholders/Investors
Management
Creditors
Financial Institutions
Who uses accounting information to evaluate a company's ability to repay loans and to assess the level of risk associated with lending to the company?
Shareholders/Investors
Management
Creditors
Tax Agents
Who uses accounting information to monitor and regulate companies' compliance with tax laws and other regulations?
Shareholders/Investors
Management
Government and regulatory agencies
Employees
Who requires accounting information to ascertain the creditworthiness of individuals and firms looking to borrow funds?
Shareholders/Investors
Management
Creditors
Financial Institutions
Who uses relevant information to be able to properly advise and guide their clients on the best time periods to participate in the stock market?
Shareholders/Investors
Management
Stock Brokers
Employees
What do stock brokers use accounting information for?
Stock brokers use accounting information to properly advise and guide their clients on the best time periods to participate in the stock market.
Why do employees use accounting information?
Employees use accounting information to understand the financial health of the company and to evaluate the company's ability to provide job security, pay raises, and other benefits.