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Benicio Is a Loan Officer for a Bank and Is

Question 67

Multiple Choice

Benicio is a loan officer for a bank and is reviewing the financial statements of a prospective borrower.As a user of accounting information,Benicio is most interested in using this information


A) to plan and control daily operations.
B) in contract negotiations.
C) to make an investment decision and estimate its future returns.
D) to evaluate financial soundness of potential clients.

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