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Users of Accounting Information - SS1 Accounting Past Questions and Answers - page 1

1

Who uses accounting information to evaluate a company's financial performance?

A

Shareholders/Investors

B

Management

C

Creditors

D

Government and regulatory agencies

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2

Who uses accounting information to make informed decisions about the company's operations?

A

Shareholders/Investors

B

Management

C

Creditors

D

Financial Institutions

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3

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?

A

Shareholders/Investors

B

Management

C

Creditors

D

Tax Agents

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4

Who uses accounting information to monitor and regulate companies' compliance with tax laws and other regulations?

A

Shareholders/Investors

B

Management 

C

Government and regulatory agencies

 

D

Employees

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5

Who requires accounting information to ascertain the creditworthiness of individuals and firms looking to borrow funds?

A

Shareholders/Investors

B

Management

C

Creditors

D

Financial Institutions

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6

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?

A

Shareholders/Investors

B

Management

C

Stock Brokers

D

Employees

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7

What do stock brokers use accounting information for?

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8

Why do employees use accounting information?

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