Who will be a user of financial statements, and what will they be used for?   Question 17 options:     Lenders will use financial statements to decide whether to invest in a company.     Investors will use financial statements to decide whether to lend money to a company.     The marketing department is interested in the operating income figures in the financial statements.     Managers will use financial statements to make decisions about their company.

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter1: Accounting As A Tool For Managers
Section: Chapter Questions
Problem 3EB: Companies need to report both monetary and nonmonetary data and information. A. Define these two...
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Who will be a user of financial statements, and what will they be used for?
 

Question 17 options:

 

 

Lenders will use financial statements to decide whether to invest in a company.
 

 

Investors will use financial statements to decide whether to lend money to a company.
 

 

The marketing department is interested in the operating income figures in the financial statements.
 

 

Managers will use financial statements to make decisions about their company.
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