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Which of the Following Statements Regarding External Users Is True

Question 38

Multiple Choice

Which of the following statements regarding external users is true?


A) Shareholders and creditors are the only people who need accounting information.
B) Canada Revenue Agency is the primary external user of financial information.
C) External users of accounting information include the managers who plan, organize, and run a business.
D) The information needs and questions of external users vary considerably.

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